Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Which of the following would be counted as gross private domestic investment? a. General Motors issues 1 million shares of stock. b. Consolidated Construction purchases
Which of the following would be counted as gross private domestic investment?
a. General Motors issues 1 million shares of stock.
b. Consolidated Construction purchases 1,000 acres of land for a regional shopping center it plans to build in a few years.
c. A K-Mart store adds 1,000 T-shirts to its inventory.
d. Crew buys computers for its office staff.
e. Your family buys a house.
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