Author Question: Which of the following expenditures would be counted as consumption in GDP accounts? a. Mary buys a ... (Read 132 times)

panfilo · **on:** Jun 30, 2018

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