Examlex

Solved

Two Components of Investment Expenditures Are New Homes Purchased by Consumers

question 60

Essay

Two components of investment expenditures are new homes purchased by consumers and increases in inventories. Explain why these two components are included in investment expenditures when calculating GDP using the spending approach.


Definitions:

Suture

A stitch or a row of stitches holding together the edges of a wound or surgical incision.

Lead Away

To guide or direct someone or something away from a certain place.

Middle

The central point or part of something.

Impulses

Electrical or chemical signals transmitted through neurons that facilitate communication within the brain and between the brain and the rest of the body.

Related Questions