All of the following are components of the expenditure approach to measuring GDP EXCEPT
A) a Senator from Iowa being paid the monthly salary.
B) Shaniqʹs purchase of a meal at the Olive Garden in Atlanta.
C) the army buying new M1 Abram tanks.
D) Ford Motor Company buying new Dell computers for use in its marketing department in Dearborn, Michigan.
Correct Answer:
Verified
Q75: The difference between gross investment and net
Q76: Net investment
A) equals gross investment minus depreciation.
B)
Q77: Net investment is the
A) profit or loss
Q78: The components of the expenditure approach to
Q79: Two methods of measuring GDP are
A) the
Q81: An example of ʺinvestmentʺ in computing real
Q82: Consumption expenditure is the payment by households
Q83: The largest component of GDP is
A) personal
Q84: Gross private domestic investment is all purchases
Q85: In the national income accounts, the purchase
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