If a fiscal policy program requires new legislation to make it happen, it is

Which of the following would be counted as investment when calculating gross domestic product?

a) the purchase of a used computer by an auto manufacturer b) the purchase of a share of IBM stock by an employee c) the construction of a new house d) the construction of roads by the government e) the profit earned when selling shares of stock

State whether each of the following goods and services is nonrival, nonexcludable or both:

a. A toll road b. A public park c. A lighthouse d. An art museum e. A radio broadcast of "A Prairie Home Companion"