To which category of U.S. GDP expenditure does each of the following correspond? a. Department of Motor
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a. Department of Motor Vehicles services.
b. Automobiles exported to Europe.
c. A refrigerator.
d. A newly constructed four-bedroom house.
e. A restaurant meal.
f. Additions to inventory at a furniture store.
g. F-16 fighter jets built by a U.S. aerospace corporation and contracted for by the government.
h. A new steel mill.
Corporation
A Corporation is a legal form of business that is separate from its owner. In other words, a corporation is a business or organization formed by a group of people, and its right and liabilities separate from those of the individuals involved. It may...
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