Multiple Choice
Gross private domestic investment consists of _____.
A) spending by individual households on automobiles and durable goods
B) spending by businesses on labor resources
C) net additions to business inventories
D) spending by government on welfare benefits
E) spending by households on stocks and bonds
Correct Answer:
Verified
Correct Answer:
Verified
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Q23: The value added method to measure GDP
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Q25: Whenever there is inflation,increase in nominal gross
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Q28: _ is measured in terms of current-year
Q29: If nominal gross domestic product (GDP)for a
Q30: Which of the following statements is true
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