Multiple Choice
The purchase of 500 shares of Honda stock by the California State Employees' Pension fund
A) is counted as part of import expenditure in the GDP accounts because Honda is a foreign firm.
B) is counted as consumption expenditure.
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 not counted as part of GDP.
Correct Answer:

Verified
Correct Answer:
Verified
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