Which of the Following Statements Is False

question 33

Multiple Choice

Which of the following statements is false?

• A) For purposes of computing GDP, the purchases of new residential housing are considered investment although it is undertaken by the household sector.
• B) Consumption includes spending on durable goods but not spending on services.
• C) Investment includes fixed investment but not inventory investment.
• D) b and c
• E) a, b, and c

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Definitions:

PepsiCo

A global food and beverage leader with a product portfolio including 22 brands that generate more than $1 billion each in annual retail sales.

Devise

To plan or invent a complex process, system, or mechanism through careful thought.