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Which of the following would be included in the expenditure categoryr called 'investment'? . ___ .___ -_ __ .._.... ___ ___ ___. _.._._ __ _-
Which of the following would be included in the expenditure categoryr called 'investment'? . ___ .___ -_ __ .._.... ___ ___ ___. _.._._ __ _- __.. _,.- ___ ___, ___ __ -_ ___. ___ ___ ___ ___ -_ -_ ___ _.._ ___ ___ ___ __ _., ___ ___ ___ ___ ___ Select one: Q a. cars held in inventory by a local Toyota car dealer 0 b1 the purchase of shares in a company 0 c. the purchase of government bonds by Commonwealth bank. 0 d. spending on old houses If real GDP in a closed economy is $90 billion, consumption is $55 billion, and government purchases are $25 billion, how much is investments? Select one: a. $15 billion O b. $25 billion 1030 030 O c. $10 billion O d. $70 billionRefer to Table 1.1. Which country has a lower standard of living and why? GDP (billions of Population Country dollars) (millions of people) Sweden 3.85 9.05 Ireland 2.23 4.21 Select one: O a. Ireland has a lower standard of living because their GDP is lower. O b. Sweden has a lower standard of living because their GDP per capita is lower. O c. Sweden has a higher standard of living because their GDP is higher. d. Ireland has a higher standard of living because their GDP per capita is higher
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