Geri Purchases a Newly Constructed House Built by a Private

question 140

Multiple Choice

Geri purchases a newly constructed house built by a private contractor. Her spending on the house is included in GDP as a part of

• A) personal consumption expenditures.
• B) depreciation.
• C) gross private investment.
• D) personal saving.

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Definitions:

Delay

The time interval between when an action is initiated and when it is executed or takes effect.

Reasons Section

A part of a document or presentation that explains the rationale or justification for a decision or action.

Negative News

Information or updates that are unfavorable, disappointing, or detrimental, often requiring sensitive communication methods.

Common Ground

Shared interests, beliefs, or understanding that people use as a basis for communication or cooperation.