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1.Which of the following is included in the investment component of GDP?

1.Which of the following is included in the investment component of GDP?

households' purchases of newly constructed homes

net additions to firms' inventories

firms' purchases of capital equipment

All of the above are correct.

2.Which of the following is included in government purchases?

unemployment benefits a state pays

Social Security payments the U.S. government makes

the services of a U.S. government attorney valued at the cost of her salary

All of the above are correct.

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