Purchases of inventories by
A) firms are not counted in investment spending.
B) firms are also counted in investment spending.
C) households are also counted in investment spending.
D) households and Firms are also counted in investment spending.
E) foreign consumers are counter in investment spending.
Correct Answer:
Verified
Q14: Which one of the following statements is
Q15: An example of how GNP accounts for
Q16: National income equals GNP
A) less depreciation, less
Q17: A country's gross national product (GNP) is
A)
Q18: In open economies
A) saving and investment are
Q20: GDP is supposed to measure
A) the volume
Q21: Government purchases are defined as
A) only goods
Q22: An open economy
A) can save only by
Q23: Over the 1980s
A) there is no question
Q24: In 1929, government purchases accounted for
A) only
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