Which of the following are examples of the gross private domestic investment component of GDP?
I. the purchase of production machinery by IBM
II. an increase in the finished goods inventory at Intel
A) II only
B) I only
C) both I and II
D) neither I nor II
Correct Answer:
Verified
Q82: Let C represent consumption expenditure, S saving,
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
Q88: Personal consumption expenditures include all of the
Q89: Which of the following items is not
Q90: The difference between gross investment and net
Q91: Gross Domestic Product is equal to the
Q92: Personal consumption expenditures include
A) expenditures by households
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