All of the following are included in gross private domestic ...

[roselinechinyere27m]

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

[Animal_Goddess]

Answer to Question 1

C

Answer to Question 2

C

[roselinechinyere27m]

YES! Correct, THANKS for helping me on my review

[chereeb]

Thanks for the timely response, appreciate it