New residential housing is counted in GDP as a(n) :
A) durable consumption good.
B) household durable good.
C) investment good.
D) inventory expansion.
Correct Answer:
Verified
Q32: If net exports are a negative number,
Q33: Which one of the following is not
Q34: Which of the following would not be
Q35: If exports rise and imports fall, then:
A)
Q36: Your purchase of a Gucci purse made
Q38: Resources that flow through the circular flow
Q39: Using the expenditure approach, GDP equals:
A) C
Q40: Which of the following would be classified
Q41: Which approach to calculating GDP is computed
Q42: Exhibit 5-8 GDP data (billions of dollars)
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