Which of the Following Statements Regarding Housing Expenditures in the National

question 75

Multiple Choice

Which of the following statements regarding housing expenditures in the national accounts is correct?

• A)Owner-occupied housing is counted as investment by imputing the value of the housing services enjoyed by the owner.
• B)Rental payments for houses are counted as part of consumption.
• C)The provision of new public housing by the government is classified as private investment.
• D)New residential construction is classified as consumption.
• E)The cost of a home purchased from its previous occupant is part of investment.