The purchase of 500 shares of Honda stock by the California State Employees' Pension fund
A) is counted as consumption expenditure.
B) is not counted as part of GDP.
C) is counted as investment in the GDP accounts.
D) is counted as part of export expenditure in the GDP accounts because Honda is a foreign firm.
E) is counted as part of import expenditure in the GDP accounts because Honda is a foreign firm.
Correct Answer:
Verified
Q83: When calculating GDP,purchases of used goods are
A)included
Q84: The category of "rent" in the income
Q85: In 2009 in the United States,net domestic
Q86: Q87: The income approach to measuring GDP is Q89: The income approach measures GDP by summing Q90: According to the income approach to measuring
A)C
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