Multiple Choice
Which of the following would be included in gross investment?
A) The purchase of a 20-year government bond.
B) The purchase of stocks in New York Stock Exchange.
C) The purchase of a new automobile by a cab company.
D) The purchase of a house to live in.
Correct Answer:
Verified
Correct Answer:
Verified
Q70: Suppose that nominal GDP fell from $5,000
Q71: GDP is defined as:<br>A) the market value
Q72: The vertical portion of the aggregate supply
Q73: Suppose nominal GDP for 1998 is $8,000
Q74: The positively sloped portion of the aggregate
Q76: Suppose that over a given time period
Q77: The aggregate demand curve is negatively sloped
Q78: Suppose that the price of inputs decreases.
Q79: As the domestic price level falls:<br>A) both
Q80: Net private domestic investment is a measure