When measuring GDP,new automobile sales are counted as consumption when the automobiles are purchased by ________ and as investment when they are purchased by ________.
A) households; businesses
B) households; the government
C) businesses; the government
D) foreign customers outside the United States; households
Correct Answer:
Verified
Q125: Table 19-15 Q128: Table 19-16 Q128: Table 19-14 Q129: Table 19-13 Q242: National income is derived from gross domestic Q245: Disposable personal income is equal to personal Q248: Which of the following would increase disposable Q249: The values of real GDP and real Q255: Disposable personal income is defined as Q257: An increase in national income could by Unlock this Answer For Free Now! View this answer and more for free by performing one of the following actions Scan the QR code to install the App and get 2 free unlocks Unlock quizzes for free by uploading documents
A)personal income
