Which of the Following Statements Is False

question 67

Multiple Choice

Which of the following statements is false?

• A) For purposes of computing GDP,the purchases of new residential housing are considered investment although it is undertaken by the household sector.
• B) Consumption includes spending on durable goods but not spending on services.
• C) Investment includes fixed investment but not inventory investment.
• D) b and c

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Definitions:

Two-way ANOVA

A statistical test used to determine the effect of two nominal predictor variables on a continuous outcome variable, considering interactions between the predictors.

Main Effect

The direct impact of an independent variable on a dependent variable in an experimental design.

Model Sum

A statistical term used to describe the total sum of squares in a model, measuring the variation explained by the model.

Squares

In mathematics, squares refer to numbers that result from multiplying a number by itself, or geometrically, shapes with four equal sides and four right angles.