Multiple Choice
A radiologist buys a new x-ray machine from General Electric to use in her medical practice. This x-ray machine is included in GDP as
A) part of gross private domestic investment.
B) a durable consumption good.
C) a service.
D) a nondurable consumption good.
Correct Answer:
Verified
Correct Answer:
Verified
Q5: The personal saving rate is percentage of
Q6: Which of the following is not included
Q7: If gross investment in 2016 is $525
Q8: Refer to the information provided in Table
Q9: Net investment equals<br>A) GDP minus final sales.<br>B)
Q11: Refer to the information provided in Table
Q12: In 2016 final sales equal $200 billion,
Q13: GNP minus depreciation is<br>A) GDP.<br>B) NNP.<br>C) retained
Q14: If all disposable income is spent, personal
Q15: The change in business inventories is a