The Purchase of a New House Is the One Form

question 25

Multiple Choice

The purchase of a new house is the one form of

• A)investment that is financed by private saving rather than public saving.
• B)household spending that is not counted as part of investment in the national income accounts.
• C)household spending that is investment rather than consumption.
• D)household spending that does not contribute to GDP.

---

Definitions:

Tax-Paying Entity

A term used to describe any individual, business, or organization that is legally required to pay taxes to a governmental authority.

Community Relations

The practice of managing and building positive relationships between an organization and the communities in which it operates, works, or has an impact.

Graffiti

Artistic expressions or messages that are written, drawn, or sprayed illicitly on public walls and other surfaces.

Vandalism

is the action involving deliberate destruction of or damage to public or private property.