In the Calculation of GDP, Which Is NOT Included as Part

question 34

Multiple Choice

In the calculation of GDP, which is NOT included as part of investment?

• A) purchases of new homes and apartment buildings
• B) changes in stockpiles of final goods and raw materials
• C) purchases of lawn mowers by households
• D) spending by businesses on physical capital

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Definitions:

Independent Variable

A variable in an experiment or study that is manipulated or changed to observe its effect on the dependent variable.

Dependent Variable

The variable in a study or experiment that is expected to change as a result of variations in the predictor variables.

Abdominopelvic Cavity

A body cavity that consists of the abdominal cavity and the pelvic cavity, housing organs such as the stomach, liver, intestines, and reproductive organs.

Thoracic Cavity

The part of the body located between the neck and the abdomen, enclosed by the ribs, and containing the heart and lungs.