Which of the following is not considered investment in the national income accounts?
a. The purchase of a drill press by XYZ company

b. Construction of a new housing project.
c. The accumulation of inventories on a grocer's shelves.
d. The purchase of 1000 shares of IBM stock.


d

Economics

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A) purchased in B) produced in C) exported to D) imported to

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Marginal cost indicates how much total cost increases if one more unit is produced or how much total cost drops if production declines by one unit

a. True b. False

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GDP is a useful measure since it provides a single measure of the value of the entire variety of goods and services produced by an economy

a. True b. False Indicate whether the statement is true or false

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To test whether the overall regression equation is statistically significant one uses

A. the standard error statistic. B. the F-statistic. C. the t-statistic. D. the R2-statistic.

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