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rhw4ans - Rhw4 15 17 20 25 30 31 32 49 56 Question15 Single...

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Rhw4 15 17 20 25 30 31 32 49 56 Question15 - Single Correct 1.0 Point Which of the following items is included in gross private domestic investment? A an increase in the level of government spending on new schools B the purchase of medical equipment by the Marines for use in its field hospitals C an increase in business inventories D an increase in the value of corporate stocks sold during the year FACT I=I FIXED BUS, I RES, CHANG IN INVENTORIES Question17 - Single Correct 1.0 Point In the calculation of GDP, the value of a new house is included in A personal consumption expenditures. B personal saving. C the depreciation of capital. D private investment. SEE ABOVE. NOTE THAT NEW AND EXISTING HOUSING ALSO APPEARS AS CONSUMER SERVICE EXPENDITURES EACH YEAR Question20 - True/False Question 1.0 Point For a homeowner, the rental value of the home is estimated and included in GDP. True False SEE ABOVE – LIKE A MACHINE (CAPITAL) YOU BUY A HOUSE FOR A FLOW OF HOUSING SERVICES AND THESE ARE ESTIMATED AND INCLUDED IN CONSUMPTION OF SERVICES.
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