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Macroeconomics 11th Edition by Stephen Slavin
Edition 11ISBN: 978-0077641559Macroeconomics 11th Edition by Stephen Slavin
Edition 11ISBN: 978-0077641559 Exercise 36
Circle the letter that corresponds to the best answer. Which one of these goes into the investment sector of GDP?
A) the purchase of a new factory
B) the purchase of 100 shares of Intel stock
C) the purchase of a 10-year-old office building
D) the purchase of a U.S. savings bond
A) the purchase of a new factory
B) the purchase of 100 shares of Intel stock
C) the purchase of a 10-year-old office building
D) the purchase of a U.S. savings bond
Explanation
Verified
Verified
It is calculated as:
GDP (Y) = C + I + G...
Macroeconomics 11th Edition by Stephen Slavin
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