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For Each of the Following Scenarios, Identify the Component of AE

Question 101

Essay

For each of the following scenarios, identify the component of AE that is affected and the impact on AE, and holding everything else equal.
(a) You purchase a new Ford Fusion from the local dealership.
(b) Consumers decide to save more in preparation for an uncertain economic period ahead.
(c) Your company brings in steel from Canada as a raw material.

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