Solved

In What Category of National Income Accounting Is the Purchase

Question 25

Multiple Choice

In what category of national income accounting is the purchase of a computer by a business?


A) It is ignored because computers are considered intermediate goods-an input in the production of other goods and services.
B) It is considered consumption.
C) It is a form of investment spending.
D) It is a form of savings.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q20: If nominal GDP is $10 trillion and

Q21: The relationship between real and nominal interest

Q22: The distinction between consumption and investment is:<br>A)that

Q23: Inflation is a sustained rise in the

Q24: If the prices used in two countries

Q26: What is gross private investment?

Q27: If an economy produces 100 pencils and

Q28: If there are only two goods in

Q29: Which of the following is not counted

Q30: Aggregate accounting:<br>A)is used primarily by microeconomists.<br>B)provides a