According to the BEA, in the second quarter of 2012 business spending on equipment and software rose by 4.7 percent. Using the expenditure approach, this change increases
A) gross private domestic investment.
B) government expenditure on goods and services.
C) net exports of goods and services.
D) personal consumption expenditures.
Correct Answer:
Verified
Q113: In the national income accounts, government expenditure
Q114: Which of the following items is NOT
Q115: Transfer payments
A) are included in the government
Q116: Government expenditures included in the expenditure approach
Q117: Transfer payments are not part of government
Q119: Net exports of goods and services equal
Q120: According to the BEA, in the second
Q121: In the calculation of GDP by the
Q122: Q123: ![]()
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