Author Question: Which of the following would be classified as a personal consumption expenditure? a. All of the ... (Read 49 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?

Critical care patients are twice as likely to receive the wrong medication. Of these errors, 20% are life-threatening, and 42% require additional life-sustaining treatments.

Did you know?

The U.S. Preventive Services Task Force recommends that all women age 65 years of age or older should be screened with bone densitometry.

Did you know?

About 600,000 particles of skin are shed every hour by each human. If you live to age 70 years, you have shed 105 pounds of dead skin.

Did you know?

Blood in the urine can be a sign of a kidney stone, glomerulonephritis, or other kidney problems.

Did you know?

Throughout history, plants containing cardiac steroids have been used as heart drugs and as poisons (e.g., in arrows used in combat), emetics, and diuretics.

For a complete list of videos, visit our video library