Author Question: Which of the following would be classified as a personal consumption expenditure? a. All of the ... (Read 51 times)

sabina

  • Hero Member
  • *****
  • Posts: 563
Which of the following would be classified as a personal consumption expenditure?
 a. All of the following.
  b. Your purchase of a newly constructed house
  c. Your purchase of a preowned house.
  d. Your purchase of one share of Microsoft stock.
  e. Your purchase of this economics course.

Question 2

Gross private domestic investment includes business:
 a. purchases of capital goods, all new construction, and purchases of consumer durable goods.
  b. purchases of capital goods, all new construction, and inventory investment.
  c. purchases of capital goods, all new commercial construction, and inventory investment.
  d. purchases of capital goods, all new residential construction, and inventory investment.
  e. purchases of all types of durable goods, all new construction, and inventory investment.



juiceman1987

  • Sr. Member
  • ****
  • Posts: 316
Answer to Question 1

e

Answer to Question 2

b



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Elderly adults are at greatest risk of stroke and myocardial infarction and have the most to gain from prophylaxis. Patients ages 60 to 80 years with blood pressures above 160/90 mm Hg should benefit from antihypertensive treatment.

Did you know?

In ancient Rome, many of the richer people in the population had lead-induced gout. The reason for this is unclear. Lead poisoning has also been linked to madness.

Did you know?

Signs and symptoms that may signify an eye tumor include general blurred vision, bulging eye(s), double vision, a sensation of a foreign body in the eye(s), iris defects, limited ability to move the eyelid(s), limited ability to move the eye(s), pain or discomfort in or around the eyes or eyelids, red or pink eyes, white or cloud spots on the eye(s), colored spots on the eyelid(s), swelling around the eyes, swollen eyelid(s), and general vision loss.

Did you know?

A good example of polar molecules can be understood when trying to make a cake. If water and oil are required, they will not mix together. If you put them into a measuring cup, the oil will rise to the top while the water remains on the bottom.

Did you know?

Aspirin may benefit 11 different cancers, including those of the colon, pancreas, lungs, prostate, breasts, and leukemia.

For a complete list of videos, visit our video library