When you buy a pickup truck to use at home, it is included in the investment component of GDP.
Correct Answer:
Verified
Q5: If nominal GDP in 2011 is greater
Q6: Gross domestic product is the value of
Q7: Real GDP per capita increases if the
Q8: The expenditure category of GDP that fluctuates
Q9: National income includes wages and salaries, interest
Q11: In the simple circular flow model of
Q12: The flour used in the pizza you
Q13: A price index creates a measure of
Q14: Included in the investment category of GDP
Q15: The formula for calculating real GDP =
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