Which of the following would increase the consumption component of U.S. GDP?
A) You purchase a bottle of California wine.
B) A person in Paris purchases a bottle of California wine.
C) A restaurant in Denver purchases a bottle of California wine to include on its wine list.
D) The U.S. government buys a bottle of California wine to serve at a state dinner in the White House.
Correct Answer:
Verified
Q73: Investment spending includes spending on:
A)consumer durable goods.
B)new
Q74: Investment spending includes spending on:
A)durables, nondurables, and
Q75: Consumption expenditures include spending by households on:
A)exports.
B)inventories.
C)residential
Q76: Total spending on final goods and services
Q77: Spending on new capital goods, new homes,
Q79: Spending on durable goods, nondurable goods, and
Q80: The value of goods produced, but unsold,
Q81: In which of the following situations would
Q82: The following provides data for an economy
Q83: The government purchases component of GDP includes:
A)purchases
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