The expenditure (demand) approach to measuring GDP: A) uses of the factor payments made by household to government. B) u
Posted: Wed Jul 06, 2022 6:19 pm
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If in some country personal consumption expenditures in a specific year are $50 billion, purchases of stocks and bonds are $30 billion, net exports are -$10 billion, government purchases are $20 billion, sales of secondhand are $8 billion, and gross investment is $25 billion, what is the country GDP for that year? A) $125 billion OA) $123 billion B) C) $133 billion C) $125 billion D) B) $85 billion
Investment, as defined by economists, would not include which of the following? General Motors: A) buys U.S government bonds. B) builds another assembly plant. OC) adds 1000 new cars to inventories. D) buys a new robotic machine.