Which of the Following Would Not Be Included in the Gross

question 2

Multiple Choice

Which of the following would not be included in the gross private domestic investment (I) category of GDP?

• A) A bakery's purchase of a new oven.
• B) A retailer's additions to its inventories.
• C) Newly built residential construction.
• D) A bank's purchase of an Australian Treasury bond.

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Definitions:

Monopoly

A market structure where a single seller controls the entire market for a product or service, having significant market power.

Profit

The financial gain derived from the difference between the revenue earned from selling a good or service and the costs associated with its production and sale.

Marginal Revenue

The additional revenue that is gained from selling one more unit of a good or service.

Marginal Revenue

The additional income earned from the sale of one more unit of a product or service.