In national income accounting terms, a newly constructed house is considered which of the following?
A) an investment good
B) a consumer good
C) a nondurable good
D) a tax shelter
Correct Answer:
Verified
Q6: External financing refers to
A)the spending of money
Q7: A borrowing constraint refers to
A)the spending of
Q8: The largest component of aggregate demand is
Q9: The largest component of aggregate demand is
Q10: Real assets are not acquired when
A)durable goods
Q12: Which of the following statements about debt
Q13: Which of the following changes would best
Q14: A decision to borrow today is really
A)a
Q15: If interest rates fall and the return
Q16: Declines in wealth cause which of the
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