As defined in our text, private domestic investment (I) does NOT include
A) new residential construction except on farms
B) movable machinery such as trucks or tractors
C) inventory accumulation, unless it was planned or intended
D) investment in labor productivity through education and training
E) new additions to existing factories
Correct Answer:
Verified
Q13: Assume you built a new house, bought
Q14: For a simple economy with no depreciation,
Q15: If we counted the value of autoworkers'
Q16: In 1994, U.S.GDP was $6,931, GNP was
Q17: Which of the following identities is FALSE?
A)Y
Q19: Which of the following statements is true?
A)NDP
Q20: If gross investment were zero, which of
Q21: The PCE deflator measures
A)the average price increase
Q22: If nominal GDP was $9,200 billion in
Q23: As a percentage of GNP, the U.S.federal
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