Which of these is included in personal consumption expenditures?
A) highway construction
B) the purchase of a new TV by a household
C) construction of residential housing
D) purchases of common stock by an investor
Correct Answer:
Verified
Q205: Which of these is a nondurable good?
A)
Q206: A disadvantage of using per capita GDP
Q207: The two approaches used by the government
Q208: (Table) According to the table, the net
Q209: In the circular flow diagram, the counterclockwise
Q211: Which of these is NOT a criticism
Q212: Net exports equal
A) imports minus exports.
B) imports
Q213: At the peak of the business cycle,
Q214: Crude oil produced in Nigeria by Exxon-Mobil,
Q215: The phases of the business cycle vary
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