Multiple Choice
A laptop computer purchased by a private individual for personal use is considered to be:
A) consumption spending.
B) investment spending.
C) private saving.
D) a transfer of income.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q98: In the circular-flow diagram, households:<br>A) supply goods.<br>B)
Q99: Use the following to answer questions: <img
Q100: Suppose that nominal GDP is $1,000 in
Q101: Use the following to answer questions: <img
Q102: Use the following to answer questions: <img
Q104: Which transaction is included in a current
Q105: Suppose that, in year 1, an economy
Q106: Use the following to answer questions: <img
Q107: In the United States:<br>A) GNP is about
Q108: Value added in national income accounts refers