An example of a capital good is
A) food produced by U.S.farmers in 2008
B) the car that your friend drives to school
C) a house owned and occupied by a family
D) the rent your friend paid last year for a college apartment
E) a share of General Electric Company stock
Correct Answer:
Verified
Q39: An example of a service counted in
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Q41: The largest component of private investment expenditure
Q42: Personal consumption spending now comprises approximately what
Q43: Assume net exports are -$220,consumption is $5,000,tax
Q45: The most volatile component of GDP is
A)
Q46: Private investment during a year includes
A) the
Q47: Fun Time Toys produced $60 million worth
Q48: When we add the up value of
Q49: Inventories - goods produced but not sold
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