Problem
(National Income Accounting) Identify the component of aggregate expenditure to which each of the following belongs:
a. A U.S. resident's purchase of a new automobile manufactured in Japan
b. A household's purchase of one hour of legal advice
c. Construction of a new house
d. An increase in semiconductor inventories over last year's level
e. A city government's acquisition of 10 new police cars
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.