Which of the following is an example of investment, as a component of GDP? Multiple Choice the purchase of a truck by a delivery company the purchase of Ford stock by an individual saving for retirement the purchase of land by an individual the purchase of bridges and dams by the government Which of the following situations is sufficient to represent current demand for a car? Multiple Choice You have plenty of money to buy it, but you can't decide if you want a motorcycle or a car. O You have enough money to buy it and you are willing to spend the money on the car. You've decided you want a car and you can possibly borrow the money from a bank. O You want to buy a motorcycle and a car and you'll have enough money for both in two years. Which of the following is not a determinant of demand? Multiple Choice income o available technology the price of other goods O expectations of income A market shortage occurs when Multiple Choice the quantity demanded is less than the quantity supplied at a given price. the market price is below equilibrium. sellers produce a lot of the product and consumers like it a lot. O a new product is introduced at the equilibrium price