Question
Which one of the following is not an example of investment in the expenditure approach to measuring GDP? General Motors A) buys a new auto
Which one of the following is not an example of investment in the expenditure approach to measuring GDP? General Motors
A) buys a new auto stamping machine.
B) adds 500 new cars to inventories.
C) buys shares in another company.
D) builds another assembly plant.
E) replaces some worn-out stamping machines.
Answer:C
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College Accounting Chapters 1-12
Authors: David D Busch, Tracie Nobles
11th Edition
1133710190, 978-1133710196
