2. Evaluate whether all of the following are considered to be investment (I) in calculating GDP. a....

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2. Evaluate whether all of the following are considered to be investment (I) in calculating GDP.

a. The purchase of a new automobile for private, nonbusiness use

b. The purchase of a new house

c. The purchase of corporate bonds

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Economics For Managers

ISBN: 9781292060095

3rd Global Edition

Authors: Paul Farnham

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