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Economics 11th Edition by Stephen Slavin
Edition 11ISBN: 978-0078021800Economics 11th Edition by Stephen Slavin
Edition 11ISBN: 978-0078021800 Exercise 11
Which one of these goes into the investment sector of GDP?
A) The purchase of a new factory
B) The purchase of 100 shares of Intel stock
C) The purchase of a 10-year-old office building
D) The purchase of a U.S. savings bond
A) The purchase of a new factory
B) The purchase of 100 shares of Intel stock
C) The purchase of a 10-year-old office building
D) The purchase of a U.S. savings bond
Explanation
Verified
Verified
It is calculated as:
GDP (Y) = C + I + G...
Economics 11th Edition by Stephen Slavin
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