Multiple Choice
Which of the following is not an economic investment?
A) the purchase of a drill press by the Ajax Manufacturing Company
B) the purchase of 100 shares of Bell Canada by a retired business executive
C) construction of a suburban housing project
D) the piling up of inventories on a grocer's shelf
Correct Answer:
Verified
Correct Answer:
Verified
Q1: GDP in an economy is $4,600 billion.Consumer
Q2: The before-tax income received by resource suppliers
Q3: Setup Corporation buys $100,000 of sand, rock,
Q5: Suppose a nation's nominal GDP was $972
Q6: By summing the values added at each
Q7: In calculating GDP by the expenditure approach,
Q8: A nation's stock of capital goods will
Q9: An example of a final good in
Q10: Consider the following data for a hypothetical
Q11: A nation's gross domestic product (GDP) by