An example of ʺinvestmentʺ in the national income accounts is the purchase of
A) a new van by a potter, who packs it with his wares and travels to art shows.
B) a U.S. government bond.
C) a 100-year-old house that was just put on the protected historic sites list in the year in question.
D) 100 shares of Canadian stock on the New York Stock Exchange.
Correct Answer:
Verified
Q95: Aggregate expenditures include all of the following
Q96: In the expenditure approach to GDP, the
Q97: A new 2010 Honda Civic produced in
Q98: All of the following household expenditures are
Q99: Which of the following purchases is included
Q101: Which of the following is included in
Q102: Which of the following is included in
Q103: In the national income accounts, government expenditure
Q104: In the national income accounts, government expenditure
Q105: Net exports of goods and services equal
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents