Which of the Following Statements Regarding Housing Expenditures in the National

Multiple Choice

Which of the following statements regarding housing expenditures in the national accounts is correct?

A) Owner-occupied housing is counted as investment by imputing the value of the housing services enjoyed by the owner.
B) Rental payments for houses are counted as part of consumption.
C) The provision of new public housing by the government is classified as private investment.
D) New residential construction is classified as consumption.
E) The cost of a home purchased from its previous occupant is part of investment.