Multiple Choice
Which one of the following would count as investment in the national income accounts?
A) purchase of a new airplane by an airline
B) purchase of a U.S. government bond
C) purchase of 100 shares of Wal-Mart stock
D) purchase of an existing house
Correct Answer:
Verified
Correct Answer:
Verified
Q20: Suppose that the consumer price index at
Q21: Which of the following would be included
Q22: Gross domestic product during a period is
Q23: General Motors Corporation (a U.S.-based firm) produces
Q24: Gross domestic product (measured in real dollars)
Q26: Comparisons of GDP between developed and underdeveloped
Q27: Which of the following accurately indicates how
Q28: Indicate whether the following transactions would be
Q29: Economists generally use GDP to measure a
Q30: Until recently, George lived in a home