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
Gaston III, Count of Foix, Book of the Hunt, 1387–88
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