An example of ʺinvestmentʺ in computing real GDP using the expenditure approach is the purchase of
A) 100 shares of IBM stock.
B) computer chips by Dell to put in their personal computers.
C) a 100 year old house by a married couple.
D) a new set of tools by an auto mechanic, for use in repairing cars.
Correct Answer:
Verified
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
Q80: All of the following are components of
Q82: Consumption expenditure is the payment by households
Q82: Let C represent consumption expenditure, S saving,
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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