In what category is the purchase of a computer by a business in national income accounting?
A) It is ignored because computers are considered intermediate goods-an input in the production of other goods and services
B) It is considered consumption
C) It is a form of investment spending
D) It is a form of savings
Correct Answer:
Verified
Q21: Investment includes:
A)an increase in corporate stock volumes
Q23: In 2008, the value of the stocks
Q24: Using the expenditure approach, gross domestic product
Q29: Which of the following would not be
Q32: Personal consumption expenditures consist of:
A)household and individual
Q33: If U.S. net exports are positive, then
Q38: Negative net exports means:
A)GDP is lower than
Q40: Net exports are defined as:
A)GDP minus exports.
B)exports
Q58: Suppose the value of your home increases
Q60: Government expenditures for Social Security and unemployment
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