Which of the following statements is correct?
A) Investment represents household purchases of assets.
B) Net exports are imports minus exports.
C) The purchase of a new home is treated as investment.
D) Consumption is spending by firms and households on new capital.
Correct Answer:
Verified
Q49: Gross domestic product measures:
A) the total income
Q50: When we calculate the percent change in
Q51: _ is commonly defined as a severe
Q52: If net investment in 2009 is $400
Q53: The profit from British Airways production in
Q55: If net investment is negative, then
A) gross
Q56: Which of the following is a nondurable
Q57: The U.S. experienced a recession that ended
Q58: If net investment is zero, then:
A) gross
Q59: GDP is:
A) the value of all monetary
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