Which of the Following Is Not Included in the Investment

question 106

Multiple Choice

Which of the following is not included in the investment category under the expenditure approach to GDP accounting?

• A)​newly constructed residential housing
• B)​factory buildings
• C)​stocks and bonds
• D)​additions to inventory

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Definitions:

Close Substitutes

Goods or services that can easily replace each other in consumption, offering consumers nearly identical satisfaction.

Natural Monopoly

A market situation where a single firm can supply a good or service to an entire market at a lower cost than could multiple firms.

Minimum Efficient Scale

The smallest scale of production at which long-term average costs are minimized, reflecting the point at which economies of scale are fully exploited.

Exclusive Legal Right

An exclusive legal right is a privilege granted by law to an individual or entity to engage in a particular activity or to use a particular property, which is protected against infringement or unauthorized use by others.