Gross private domestic investment does not include:
A. spending for new houses.
B. spending to build up inventories.
C. unintentional inventory investment.
D. spending on employee salaries.
Answer: D
You might also like to view...
For a signal between two adversaries to be credible, it must
A. be costly to fake or duplicate. B. be verified by a third party. C. be part of a sequence of transactions. D. have both a good news-bad news component.
A shortage of hospital beds in a hospital services market will lead to:
a. a decrease in the demand for hospital beds. b. upward pressure on the price of a hospital stay. c. a construction boom to eliminate the shortage. d. an increase in the supply of hospital beds. e. downward pressure on the price of a hospital stay.
Opportunity cost is
A. the value of the next best alternative which was given up. B. the same thing as the money price of a good. C. based on the intrinsic value of the good itself. D. the combined value of all the alternatives not selected.
Which of the following characterizes the IACs?
a. High per capita GDP growth and high population growth. b. Low per capita GDP growth and low population growth. c. Low per capital GDP growth and high savings rate. d. Low human capital investment.