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Author Question: Which of the following transactions will be included in the calculation of GDP using the expenditure ... (Read 155 times)

P68T

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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
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mceravolo

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Reply #1 on: Jun 30, 2018
Answer to Question 1

D

Answer to Question 2

D


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