Of the following items, which one would be considered as investment in the National Income and Expenditure Accounts?
A) The purchase of a new van by a potter who packs it with his wares and travels to art shows on weekends.
B) The purchase of 100 shares of Bell Canada stock on the Toronto Stock Exchange.
C) The purchase of a 100-year-old house that was put on the protected historic sites list.
D) The purchase of a Canadian government bond.
E) Your purchase of a new car.
Correct Answer:
Verified
Q5: Gross domestic product is
A)the final value of
Q6: Which of the following statements is true?
A)Final
Q7: Which one of the following is false?
A)Y
Q8: Which of the following is not correct?
A)Investment
Q10: Which of the following would be an
Q11: Complete the following sentence. Net exports equals
A)exports
Q13: Which one of the following flows from
Q13: For the aggregate economy, income equals
A)expenditure, but
Q14: Which one of the following is an
Q14: The purchasers in the goods markets are
A)households
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