Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Which of the following would be added to the gross domestic product of the United States? a) $25 million in garage sale purchases b) $1.2
Which of the following would be added to the gross domestic product of the United States?
a) $25 million in garage sale purchases
b) $1.2 trillion in interest earned on savings accounts
c) $800 million increase in business inventories
d) $400 billion in stimulus checks from the federal government
e) $2 billion worth of steel sold to American auto manufacturers
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