« previous next »

Author Question: Which of the following transactions will be included in the calculation of GDP using the expenditure ... (Read 106 times)

P68T

  • Hero Member
  • *****
  • Posts: 509
on: Jun 30, 2018
Which of the following transactions will be included in the calculation of GDP using the expenditure method?
 
  A) The sale of a used car by a consumer
  B) The payment made to a construction worker
  C) The purchase of a treasury bond by an investor
  D) The purchase of a private jet by the CEO of a company

Question 2

If the savings rate in an economy is 30, and the GDP of the economy is 1,000, then the level of investment in the economy will be:
 
  A) 330. B) 150. C) 600. D) 300.
Macroeconomics ¦ Acemoglu, Laibson, List ¦ 3rd Edition
Buy Test-Bank


mceravolo

  • Sr. Member
  • ****
  • Posts: 349
Reply #1 on: Jun 30, 2018
Answer to Question 1

D

Answer to Question 2

D


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Patients who have undergone chemotherapy for the treatment of cancer often complain of a lack of mental focus; memory loss; and a general diminution in abilities such as multitasking, attention span, and general mental agility.

Did you know?

Your chance of developing a kidney stone is 1 in 10. In recent years, approximately 3.7 million people in the United States were diagnosed with a kidney disease.

Did you know?

Blastomycosis is often misdiagnosed, resulting in tragic outcomes. It is caused by a fungus living in moist soil, in wooded areas of the United States and Canada. If inhaled, the fungus can cause mild breathing problems that may worsen and cause serious illness and even death.

Did you know?

The senior population grows every year. Seniors older than 65 years of age now comprise more than 13% of the total population. However, women outlive men. In the 85-and-over age group, there are only 45 men to every 100 women.

Did you know?

The first documented use of surgical anesthesia in the United States was in Connecticut in 1844.

Edward Bellamy, author of the utopian novel Looking Backward (1888) Bellamy’s socialism worried many Edward Bellamy, author of the utopian novel Looking Backward (1888) Bellamy’s socialism worried many
Elementary particles included in the Standard Model Elementary particles included in the Standard Model
Gross pay calculation. Gross pay calculation.
Sonal bought a coat for $198.88, which included 8% PST and 5% GST. What was the selling price ... Sonal bought a coat for $198.88, which included 8% PST and 5% GST. What was the selling price ...
Calculation of Joint Probability of a Genotype Based on Seven CODIS STR Markers Calculation of Joint Probability of a Genotype Based on Seven CODIS STR Markers
Calculation of the inbreeding coefficient (F) Calculation of the inbreeding coefficient (F)
Video: Gastroesophageal Reflux Disease (GERD)

For a complete list of videos, visit our video library