In the circular flow of economic activity O aggregate expenditure measures the dollar value of purchases of factors. O aggregate expenditure measures the dollar value of purchases of final goods and services. O aggregate income measures the dollar value of labor resources only. aggregate expenditure is measured as it moves through the financial markets.Which of the following expenditures associated with the production of a new high- performance SUV will be directly included in GDP? the sale of bonds to finance the construction of the assembly plant O the purchase of used welding robots to assemble to vehicles O the purchase of new tires to be installed on the new vehicles O the purchase of new machine tools to manufacture the enginesWhich of the following would NOT be included in this year's GDP? O the production of a television show O the purchase of a new work truck O the hiring of a new police officer O your purchase of your neighbor's 2001 ToyotaWhich of the following are equal to one another? Laggregate production Il.aggregate expenditure Ill.aggregate income O l equals II equals III O ll equals Ill, but not I O l equals Ill, but not II O l equals II, but not IIISuppose Mail Boxes Etc. buys a new copier for its store for $1000. A year later, when the firm wants to upgrade to a new copier, it finds that the old copier is only worth $750. Over the year the copier was used, has occurred. replacement investment O gross investment O depreciation net investmentSuppose the U.S. spends more on foreign goods and services than foreigners spend on our goods and services. Then O the U.S. must borrow an amount equal to imports minus exports. O the rest of the world may or may not finance the U.S. trade deficit. O the U.S. must borrow an amount equal to consumption expenditure plus investment. O the U.S. must borrow an amount equal to national saving.The circular flow shows that O aggregate production equals aggregate expenditure. O aggregate expenditure is less than aggregate income. O GDP equals aggregate income. O Both answers aggregate production equals aggregate expenditure and GDP equals aggregate income are correct