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Author Question: Which one of the following would count as investment in the GDP accounts? a. Purchase of a new ... (Read 22 times)

a0266361136

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on: Jun 30, 2018
Which one of the following would count as investment in the GDP accounts?
 a. Purchase of a new airplane by an airline.
  b. Purchase of a U.S. government bond.
  c. Purchase of 100 shares of Wal-Mart stock.
  d. Purchase of an existing house.

Question 2

The largest component of GDP as measured by the expenditure approach is:
 a. wages and salary earnings.
  b. personal consumption.
  c. net profits of corporations.
  d. gross private investment.


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komodo7

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Reply #1 on: Jun 30, 2018
Answer to Question 1

a

Answer to Question 2

b


a0266361136

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Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it

parshano

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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