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Author Question: Which of the following would not be considered part of fixed investment spending (I)? A) Toyota ... (Read 61 times)

gonzo233

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Which of the following would not be considered part of fixed investment spending (I)?
 
  A) Toyota buys a new robot for its automobile assembly line.
  B) Apple computer builds a new factory.
  C) Exxon increases its inventories of unsold gasoline.
  D) An accountant buys a newly built home for herself and her family.
  E) all of the above

Question 2

Which of the following types of government spending is included when calculating GDP?
 
  A) spending at the federal level
  B) spending at the state level
  C) spending at the municipal level
  D) all of the above
  E) only A and B



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Harbringer

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Answer to Question 1

C

Answer to Question 2

D




gonzo233

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Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review


ktidd

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Reply 3 on: Yesterday
Great answer, keep it coming :)

 

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