An Example of "Investment" in Computing Real GDP Using the Expenditure

question 357

Multiple Choice

An example of "investment" in computing real GDP using the expenditure approach is the purchase of

• A) a new set of tools by an auto mechanic, for use in repairing cars.
• B) 100 shares of IBM stock.
• C) a 100 year old house by a married couple.
• D) computer chips by Dell to put in their personal computers.