The total amount of spending on nonresidential structures, equipment, software, residential structures, and business inventories in a given period of time is called:
A) net exports.
B) government consumption and investment.
C) gross private domestic investment.
D) personal consumption.
C
Economics
You might also like to view...
If the discount rate is lowered further below the market interest rate, banks tend to
A) lend more to the Fed. B) lend less to the Fed. C) borrow more from the Fed. D) borrow less from the Fed.
Economics
If real GDP increased by 2% and nominal GDP increased by 4%, then output:
a. increased and the price level increased. b. increased and the price level decreased. c. decreased and the price level increased. d. decreased and the price level decreased.
Economics