An Example of "Investment" in the National Income Accounts Is

question 36

Multiple Choice

An example of "investment" in the national income accounts is the purchase of

• A) a new van by a potter, who packs it with his wares and travels to art shows.
• B) 100 shares of Intel stock on the New York Stock Exchange.
• C) a 100-year-old house that was just put on the protected historic sites list in the year in question.
• D) a U.S. government bond.

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Definitions:

Kruskal-Wallis H Test

A nonparametric test used to determine if there are statistically significant differences between two or more groups of an independent variable on a continuous or ordinal dependent variable.

Wilcoxon Rank-sum Test

A nonparametric statistical test used to compare two independent samples to see if they come from the same distribution.

Statistical Populations

A statistical population refers to the entire group of entities or outcomes that share a common characteristic, which is the subject of statistical analysis.

Kruskal-Wallis Test

A nonparametric statistical test used to determine if there are statistically significant differences between two or more groups of an independent variable on a continuous or ordinal dependent variable.