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Author Question: Which of the following is included as investment in GDP? i. cars produced during the year but ... (Read 246 times)

shenderson6

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on: Jun 29, 2018
Which of the following is included as investment in GDP?
 
  i. cars produced during the year but unsold at the end of the year
  ii. new capital equipment produced and purchased during the year
  iii. purchases of a company's stocks and bonds
  A) i only
  B) ii only
  C) iii only
  D) i and ii
  E) i, ii, and iii

Question 2

Exactly what is a sunk cost?
 
  A) A decision somebody regrets having made
  B) A mistaken choice
  C) Unrecoverable costs
  D) A cost that haunts you for the rest of your life


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amit

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Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

C


shenderson6

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Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it

flexer1n1

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Reply 3 on: Yesterday
Excellent

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