For the Purposes of Calculating GDP, Investment Includes

question 10

Multiple Choice

For the purposes of calculating GDP, investment includes:

• A)the value of new residential construction.
• B)purchases of stock.
• C)purchases of old automobiles.
• D)purchases of government bonds.

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Definitions:

Resellers

Retailers and wholesalers that buy finished goods and resell them for a profit.

Product Life Cycle

The phases a product experiences starting from its creation and launch into the market, followed by its growth, peak, and finally its reduction in popularity and sales.

Promotion

The activities designed to inform, persuade, or remind target audiences about a product, service, or brand.

High-Learning Products

Products that take longer for consumers to see the benefits of or that do not have a good infrastructure in place to support them.