Money spent on the purchase of a new house is included in the GDP as a part of:

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Quizplus · Accepted Answer

Money spent on the purchase of a new house is considered a part of gross domestic private investment because it represents an addition to the stock of physical assets in the economy. Household expenditures on durable goods and personal consumption expenditures refer more specifically to purchases of consumer goods and services, while personal saving refers to the portion of disposable income that is not spent on consumption or taxes.

Money Spent on the Purchase of a New House Is