Which of the Following Is Not Included in Gross Private

question 36

Multiple Choice

Which of the following is not included in gross private domestic investment spending?

• A)Household spending on residential construction.
• B)Spending on business inventories.
• C)Household spending on durable goods.
• D)Business spending on plant and equipment.

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Definitions:

Prospective Buyer

A potential customer who has demonstrated interest in purchasing a product or service, but has not yet completed the transaction.

Tangible Assets

Physical items of value owned by a company, such as machinery, buildings, or land.

Intangible Assets

Non-physical assets of a business such as intellectual property, brand value, and goodwill that have value but are not physical objects.

Income Potential

The maximum amount of money someone can earn or a business can generate under current conditions.