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Author Question: Which of the following is included as investment in GDP? i. cars produced during the year but ... (Read 189 times)

shenderson6

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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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Answer to Question 1

D

Answer to Question 2

C




shenderson6

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Reply 2 on: Jun 29, 2018
:D TYSM


AmberC1996

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Reply 3 on: Yesterday
Great answer, keep it coming :)

 

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