Author Question: Which of the following would count as an investment expenditure in the GDP expenditures approach? ... (Read 84 times)

ARLKQ

  • Hero Member
  • *****
  • Posts: 571
Which of the following would count as an investment expenditure in the GDP expenditures approach?
 a. General Motors hires 10 electrical engineers.
  b. Boeing purchases a new metal stretching machine used to produce airplane wings.
  c. Ms. Quantum buys 100 shares of Microsoft stock.
  d. A large corporation spends 10,000 per month on long-distance phone charges.

Question 2

Which of the following would be included in the government expenditures component of GDP?
 a. The export of 100 fighter jets to Japan
  b. Construction costs of a new public school building
  c. Food stamps used by the Smith family
  d. A 1,000 check issued by the federal government as part of the Pell Grant program to help college students pay for school



dantucker

  • Sr. Member
  • ****
  • Posts: 346
Answer to Question 1

b

Answer to Question 2

b



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Sperm cells are so tiny that 400 to 500 million (400,000,000–500,000,000) of them fit onto 1 tsp.

Did you know?

There are more sensory neurons in the tongue than in any other part of the body.

Did you know?

People often find it difficult to accept the idea that bacteria can be beneficial and improve health. Lactic acid bacteria are good, and when eaten, these bacteria improve health and increase longevity. These bacteria included in foods such as yogurt.

Did you know?

Although the Roman numeral for the number 4 has always been taught to have been "IV," according to historians, the ancient Romans probably used "IIII" most of the time. This is partially backed up by the fact that early grandfather clocks displayed IIII for the number 4 instead of IV. Early clockmakers apparently thought that the IIII balanced out the VIII (used for the number 8) on the clock face and that it just looked better.

Did you know?

Children of people with alcoholism are more inclined to drink alcohol or use hard drugs. In fact, they are 400 times more likely to use hard drugs than those who do not have a family history of alcohol addiction.

For a complete list of videos, visit our video library