Which of the Following Is Included in the Investment Component

question 105

Multiple Choice

Which of the following is included in the investment component of GDP?

• A)spending on new residential construction and spending on stocks and bonds
• B)spending on new residential construction but not spending on stocks and bonds
• C)spending on stocks and bonds but not spending on new residential construction
• D)neither spending on stocks and bonds nor spending on new residential construction

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Definitions:

New Technology

The latest advancements or innovations in technology that offer improved solutions or efficiency.

Service Sector

A segment of the economy that provides intangible goods or services to consumers, including retail, healthcare, and financial services.

Labour-intensive

Describing a process or industry that requires a large amount of manual work relative to capital or machinery.

Skilled Labour

Refers to workers who have specialized training or skills, typically acquired through education or on-the-job experience, necessary for performing specific tasks or jobs.