An example of an increase in gross private domestic investment spending that also increases Gross Domestic Product (GDP) is when
A) a family sells its home because of a transfer.
B) a farmer buys a used tractor.
C) inventories of new cars accumulate on the lots of car dealers.
D) government increases spending on infrastructure.
Correct Answer:
Verified
Q183: Inventory investment occurs when
A) grocers sell stocks
Q184: Because of improved productivity, wages increase 10
Q185: If Net Domestic Product (NDP) is $50
Q186: If all other factors are held constant,
Q187: Depreciation is
A) added to Gross Domestic Product
Q189: The components of the expenditure approach to
Q190: If Gross Domestic Product (GDP) equals $1
Q191: Calculating Gross Domestic Product (GDP) by the
Q192: If C = consumption, G = government
Q193: Food and gasoline can be classified as
A)
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