Author Question: All of the following are included in gross private domestic investment expenditure EXCEPT a A) ... (Read 82 times)

roselinechinyere27m · **on:** Jun 29, 2018

All of the following are included in gross private domestic investment expenditure EXCEPT a

A) business's purchase of a fleet of cars.
B) household's purchase of a new house.
C) business's purchase of another company's stock.
D) a retail store's purchase of shoes to add to its inventory.

Question 2

If the nominal interest rate is 8 percent and inflation is 3 percent, approximately what is the real interest rate?

A) 11 percent
B) 8 percent
C) 5 percent
D) 3 percent