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Which of the Following Is Included in Gross Private Domestic

question 116

Multiple Choice

Which of the following is included in gross private domestic investment? I. The purchase of new capital goods
II) An increase in business inventories


Definitions:

Reasonable Effort

A degree of effort that a prudent person would consider sufficient under given circumstances.

Specific Performance

A legal remedy requiring a party to perform their part of a contract, rather than simply paying damages for non-performance.

Personal Services

Services provided by individuals that require a personal presence and talent, often relating to care, advice, or aesthetic enjoyment.

Complete Performance

The full execution of duties or services as stipulated in a contract without any deviations or failures.

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