In the Calculation of GDP, the Value of a New

question 14

Multiple Choice

In the calculation of GDP, the value of a new house constructed by a firm is included in:

• A) personal consumption expenditures.
• B) personal saving.
• C) the depreciation of capital.
• D) private investment.

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Definitions:

Zea Mays

A plant species known as maize or corn, widely cultivated as a food crop for humans, livestock, and as a biofuel source.

Biological Themes

Fundamental concepts that recur throughout the study of life, helping to organize and explain biological processes.

Neuron

A nerve cell; a conducting cell of the nervous system that typically consists of a cell body, dendrites, and an axon.

Dendrites

Branches of a neuron that receive and conduct nerve impulses toward the cell body. Compare with axon.