Which of the following is included in the investment component of GDP?
a. spending to build new houses
b. spending to build new factories
c. spending on business equipment such as welding equipment
d. All of the above are included in the investment component of GDP.
d
You might also like to view...
When price equals marginal cost
A) firms make zero profits. B) firms make positive profits. C) the industry is in long-run equilibrium. D) the marginal benefits of consuming an extra unit of the good exactly equals the marginal cost to society of producing the good.
Suppose the monopolist only sold the goods separately. What prices will the monopolist charge for Good 1 to maximize revenues for good 1?
a. $4,500 b. $5,000 c. $1,500 d. $1,000
Demand is price-elastic at the top portion of a straight-line downward-sloping demand curve
a. True b. False Indicate whether the statement is true or false
Which of the following cost curves is not generally U-shaped? a. AFC
b. AVC. c. ATC. d. MC.