Which of the following is included in gross private domestic investment? I. The purchase of new capital goods
II) An increase in business inventories
A) I only
B) II only
C) Both I and II
D) Neither I nor II
Correct Answer:
Verified
Q193: Food and gasoline can be classified as
A)
Q194: Durable consumer goods are goods that
A) last
Q195: Fixed investment includes
A) business spending on plant
Q196: Net domestic product (NDP) is
A) Gross Domestic
Q197: A capital good is
A) one produced by
Q199: Which of the following is an example
Q200: If a firm produces more output than
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