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Author Question: Which of the following expenditures would be counted as consumption in GDP accounts? a. Mary buys a ... (Read 127 times)

panfilo

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Which of the following expenditures would be counted as consumption in GDP accounts?
 a. Mary buys a new home computer to check her e-mail and play computer games.
  b. Mark buys a new computer for his medical economic consulting business.
 c. Leslie, an EPA scientist, buys a new computer for her lab at work.
 d. Juan leases a new computer for his graphic design company.

Question 2

The owner of a sole proprietorship has limited liability, while stockholders of corporations have unlimited liability.
 a. True
  b. False
  Indicate whether the statement is true or false



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Beatricemm

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Answer to Question 1

a

Answer to Question 2

False




panfilo

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


chereeb

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Reply 3 on: Yesterday
Wow, this really help

 

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