Author Question: Which of the following is true? a. Purchases of stock are included as part of investment in the ... (Read 21 times)

rl · **on:** Jun 30, 2018

Which of the following is true?
a. Purchases of stock are included as part of investment in the national income accounts.
b. Fixed investments include all spending on capital goods, as well as residential construction.
c. Investment spending is the least volatile category of GDP.
d. All of the above are true.

Question 2

Other things equal, when the U.S. dollar depreciates, domestic exports rise at every level of domestic income.
a. True
b. False
Indicate whether the statement is true or false