Answered step by step
Verified Expert Solution
Question
1 Approved Answer
In November 2018, Toyota produced an automobile which was delivered to a dealership in December 2018. I bought this car for my personal usage in
In November 2018, Toyota produced an automobile which was delivered to a dealership in December 2018. I bought this car for my personal usage in February 2019. In thenational income accounting, this auto would be counted as:
Question 20 options:
a)
consumption in 2018 and 2019.
b)
consumption in 2018 and investment in 2019.
c)
disinvestment in 2018 and consumption in 2019.
d)
investment in 2018 and disinvestment in 2019.
e)
None of the above
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started