The construction of a new state highway would be included in the _____ category of GDP.
A) personal consumption
B) government purchases
C) government output
D) government investment
Correct Answer:
Verified
Q29: Use the following to answer questions .
Exhibit:
Q30: Suppose the clothing manufacturer, Eddie Bauer, produced
Q31: Which of the following is included in
Q32: In the circular flow model for an
Q33: Which of the following items is included
Q35: In the calculation of GDP, the value
Q36: Transfer payments are:
A) payments made to firms
Q37: For computing GDP, the official measure of
Q38: Government purchases are defined as:
A) the sum
Q39: Government purchases include:
A) purchases made by people
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