Multiple Choice
Which of the following purchases is included in personal consumption expenditures when determining gross domestic product?
A) purchase of a new house because of the arrival of a new baby
B) purchase of a new office building
C) vacation expenses for a spring trip to Fort Lauderdale
D) purchases of jeans to add to a store's inventory
Correct Answer:
Verified
Correct Answer:
Verified
Q353: All of the following household expenditures are
Q354: Real GDP is not a perfect indicator
Q355: What must be done to net domestic
Q356: The word "final" in the definition of
Q357: An example of "investment" in computing real
Q359: The calculation of the final goods and
Q360: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8586/.jpg" alt=" -Using the data
Q361: Because pollution reduces economic welfare, on this
Q362: Net investment equals gross investment minus depreciation.
Q363: Suppose Mail Boxes Etc. buys a new