Author Question: Which of the following would count as an investment expenditure in the GDP expenditures approach? ... (Read 22 times)

ARLKQ

  • Hero Member
  • *****
  • Posts: 571
Which of the following would count as an investment expenditure in the GDP expenditures approach?
 a. General Motors hires 10 electrical engineers.
  b. Boeing purchases a new metal stretching machine used to produce airplane wings.
  c. Ms. Quantum buys 100 shares of Microsoft stock.
  d. A large corporation spends 10,000 per month on long-distance phone charges.

Question 2

Which of the following would be included in the government expenditures component of GDP?
 a. The export of 100 fighter jets to Japan
  b. Construction costs of a new public school building
  c. Food stamps used by the Smith family
  d. A 1,000 check issued by the federal government as part of the Pell Grant program to help college students pay for school



dantucker

  • Sr. Member
  • ****
  • Posts: 346
Answer to Question 1

b

Answer to Question 2

b



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Excessive alcohol use costs the country approximately $235 billion every year.

Did you know?

In inpatient settings, adverse drug events account for an estimated one in three of all hospital adverse events. They affect approximately 2 million hospital stays every year, and prolong hospital stays by between one and five days.

Did you know?

There used to be a metric calendar, as well as metric clocks. The metric calendar, or "French Republican Calendar" divided the year into 12 months, but each month was divided into three 10-day weeks. Each day had 10 decimal hours. Each hour had 100 decimal minutes. Due to lack of popularity, the metric clocks and calendars were ended in 1795, three years after they had been first marketed.

Did you know?

Human stomach acid is strong enough to dissolve small pieces of metal such as razor blades or staples.

Did you know?

Anti-aging claims should not ever be believed. There is no supplement, medication, or any other substance that has been proven to slow or stop the aging process.

For a complete list of videos, visit our video library