Author Question: Which of the following transactions will be included in the calculation of GDP using the expenditure ... (Read 169 times)

P68T

  • Hero Member
  • *****
  • Posts: 509
Which of the following transactions will be included in the calculation of GDP using the expenditure method?
 
  A) The sale of a used car by a consumer
  B) The payment made to a construction worker
  C) The purchase of a treasury bond by an investor
  D) The purchase of a private jet by the CEO of a company

Question 2

If the savings rate in an economy is 30, and the GDP of the economy is 1,000, then the level of investment in the economy will be:
 
  A) 330. B) 150. C) 600. D) 300.


mceravolo

  • Sr. Member
  • ****
  • Posts: 349
Answer to Question 1

D

Answer to Question 2

D



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

The types of cancer that alpha interferons are used to treat include hairy cell leukemia, melanoma, follicular non-Hodgkin's lymphoma, and AIDS-related Kaposi's sarcoma.

Did you know?

The lipid bilayer is made of phospholipids. They are arranged in a double layer because one of their ends is attracted to water while the other is repelled by water.

Did you know?

Elderly adults are living longer, and causes of death are shifting. At the same time, autopsy rates are at or near their lowest in history.

Did you know?

Each year in the United States, there are approximately six million pregnancies. This means that at any one time, about 4% of women in the United States are pregnant.

Did you know?

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

For a complete list of videos, visit our video library