Which of the Following Are Examples of the Gross Private

question 139

Multiple Choice

Which of the following are examples of the gross private domestic investment component of Gross Domestic Product (GDP) ? I. The purchase of production machinery
II) An increase in finished goods inventory

• A) I only
• B) II only
• C) Both I and II
• D) Neither I nor II

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Definitions:

Wizard of Oz

A reference to an experimental prototype testing method where users interact with a system that they believe is autonomous, but is actually being operated or controlled by a human.

Entrepreneur

An individual or a group who creates something new—a new idea, a new item or product, a new institution, a new market, a new set of possibilities.

Manually

Performing a task or operation by hand, without the use of automated systems or technology.

Entrepreneurial Experimentation

The act of trying out new ideas, products, or business models to learn and adapt in an entrepreneurial context, often involving risks.