Stocks and bonds:
a. Are both components of gross private domestic investment.
b. Are not a part of gross private domestic investment, because to include them would be double counting a nation's assets and liabilities.
c. Are not a part of gross private domestic investment, because to include them would be double counting a nation's personal consumption and investment.
d. Are not a part of gross private domestic investment, because they are a part of financial services, which are a separate component of GDP.
e. None of the above.
.B
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The phrase "decreasing marginal benefit" means that
A) the more you consume of the product, the less total benefit you derive. B) the marginal cost will be increasing as you consume more of a good. C) each additional unit of a good you consume gives you less additional benefit than the previous unit. D) Both answers A and B are correct. E) Both answers A and C are correct.
Which of the following will cause a movement along the supply curve for oil?
A) new technology to drill oil underwater in the Gulf of Mexico B) a change in the price of oil C) an increase in the number of oil-producing firms D) government subsidies to oil producers in Wyoming
Government gives subsidies to encourage production of products with beneficial externalities
a. True b. False Indicate whether the statement is true or false
Inception
What will be an ideal response?