The Lee Family Won a $50 Million Jackpot and Made

Multiple Choice

The Lee family won a $50 million jackpot and made several major purchases this year,listed below.Which of these would be counted as investment when calculating GDP by the expenditure approach?

A) the former Hollywood home of Gwyneth Paltrow that they bought for $5 million
B) the villa they just built in the Swiss Alps for $2 million
C) the secondhand yacht that Mr.Lee purchased for $1 million and expects to sell for a profit before year's end
D) the vintage Rolls Royce that Mrs.Lee purchased in London for $500,000
E) the new house that Mrs.Lee had built in Pittsburgh for $200,000 to serve as living quarters for her ten new servants