This topic contains a solution. Click here to go to the answer

Author Question: Which of the following is NOT a component of private investment, for purposes of GDP accounting? ... (Read 35 times)

krzymel

  • Hero Member
  • *****
  • Posts: 548
Which of the following is NOT a component of private investment, for purposes of GDP accounting?
 
  A) additions to firms' stock of inventories B) newly produced housing
  C) newly built factories D) purchases by firms of used machinery

Question 2

Consider an economy that only produces wooden chairs. In 2012, the economy produced 100 wooden chairs priced at 10 each. The nominal GDP of the economy for the year 2012 will be:
 
  A) 10. B) 1,000. C) 100. D) 10,000.
 
  Consider an economy that produces only cell phones. In the year 2012, the economy manufactures 275 cell phones, and each cell phone sells at 200. In the year 2013, the economy manufactures 280 cell phones but the price of each cell phone falls to 180.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

asware1

  • Sr. Member
  • ****
  • Posts: 318
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 39% of students answer this correctly




krzymel

  • Member
  • Posts: 548
Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it


pangili4

  • Member
  • Posts: 346
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

Did you know?

In 2010, opiate painkllers, such as morphine, OxyContin®, and Vicodin®, were tied to almost 60% of drug overdose deaths.

Did you know?

The familiar sounds of your heart are made by the heart's valves as they open and close.

Did you know?

Asthma occurs in one in 11 children and in one in 12 adults. African Americans and Latinos have a higher risk for developing asthma than other groups.

Did you know?

There are more nerve cells in one human brain than there are stars in the Milky Way.

Did you know?

Elderly adults are at greatest risk of stroke and myocardial infarction and have the most to gain from prophylaxis. Patients ages 60 to 80 years with blood pressures above 160/90 mm Hg should benefit from antihypertensive treatment.

For a complete list of videos, visit our video library