« previous next »

Author Question: Which of the following transactions will be included in the calculation of GDP using the expenditure ... (Read 159 times)

P68T

  • Hero Member
  • *****
  • Posts: 509
on: Jun 30, 2018
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.
Macroeconomics ¦ Acemoglu, Laibson, List ¦ 3rd Edition
Buy Test-Bank


mceravolo

  • Sr. Member
  • ****
  • Posts: 349
Reply #1 on: Jun 30, 2018
Answer to Question 1

D

Answer to Question 2

D


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Patients who have undergone chemotherapy for the treatment of cancer often complain of a lack of mental focus; memory loss; and a general diminution in abilities such as multitasking, attention span, and general mental agility.

Did you know?

A cataract is a clouding of the eyes' natural lens. As we age, some clouding of the lens may occur. The first sign of a cataract is usually blurry vision. Although glasses and other visual aids may at first help a person with cataracts, surgery may become inevitable. Cataract surgery is very successful in restoring vision, and it is the most frequently performed surgery in the United States.

Did you know?

In 2006, a generic antinausea drug named ondansetron was approved. It is used to stop nausea and vomiting associated with surgery, chemotherapy, and radiation therapy.

Did you know?

The word drug comes from the Dutch word droog (meaning "dry"). For centuries, most drugs came from dried plants, hence the name.

Did you know?

Since 1988, the CDC has reported a 99% reduction in bacterial meningitis caused by Haemophilus influenzae, due to the introduction of the vaccine against it.

Estimating Daily Caloric Expenditure Estimating Daily Caloric Expenditure
Calculation of body mass index. To determine your BMI, find the value for your height on the left ... Calculation of body mass index. To determine your BMI, find the value for your height on the left ...
After 159 days,she paid a maturity value of $11,626, which included interest of $814. After 159 days,she paid a maturity value of $11,626, which included interest of $814.
Calculation of the probabilities in a mating involving the ABO blood type Calculation of the probabilities in a mating involving the ABO blood type
Binomial-probability calculation of seed-color phenotype in six-seeded pods Binomial-probability calculation of seed-color phenotype in six-seeded pods
Calculation of the inbreeding coefficient (F) Calculation of the inbreeding coefficient (F)
Video: Proteins

For a complete list of videos, visit our video library