Multiple Choice
Which of the following would not be included in the gross private domestic investment (I) category of GDP?
A) A bakery's purchase of a new oven.
B) A retailer's additions to its inventories.
C) Newly built residential construction.
D) A bank's purchase of an Australian Treasury bond.
Correct Answer:
Verified
Correct Answer:
Verified
Q3: The GDP implicit price deflator is:<br>A) a
Q4: The expenditure approach for the calculation of
Q5: Domestic factor income (DFI) is equal to:<br>A)
Q6: Exports are a domestic spending for foreign
Q7: If a woman marries her hired helper
Q8: Which of the following is a shortcoming
Q9: Which of the following would not be
Q10: Net domestic product is equal to GDP
Q11: GDP counts only:<br>A) all goods and services
Q106: In recent years, people have benefited from