Author Question: An example of investment in computing real GDP using the expenditure approach is the purchase of ... (Read 60 times)

WhattoUnderstand · **on:** Jun 29, 2018

An example of investment in computing real GDP using the expenditure approach is the purchase of

A) a new set of tools by an auto mechanic, for use in repairing cars.
B) 100 shares of IBM stock.
C) a 100 year old house by a married couple.
D) computer chips by Dell to put in their personal computers.

Question 2

Which of the following examples definitely illustrates an appreciation of the U.S. dollar?

A) The dollar exchanges for 120 euros and then exchanges for 100 euros.
B) The dollar exchanges for 100 yen and then exchanges for 125 euros.
C) The dollar exchanges for 1 pound and then exchanges for 1.2 pounds.
D) none of the above