Financial investments, such as mutual fund purchases, are included in the national income component.
Correct Answer:
Verified
Q22: When the price level falls, consumers may
Q23: Capital goods are counted the same as
Q24: Government purchases are included in national product.
Q25: A savings account is an example of
Q26: The temporary tax cuts of 2008 and
Q28: Bank accounts and bonds are examples of
Q29: Consumers increased consumption by a relatively small
Q30: To economists, investment means buying stocks and
Q31: New residential housing is placed under consumer
Q32: U.S.imports rise when income in the United
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