Which one of the following would count as investment in the GDP accounts?

A. Purchase of a new airplane by an airline.
B. Purchase of a U.S. government bond.
C. Purchase of 100 shares of Wal-Mart stock.
D. Purchase of an existing house.

Answer: A

Economics

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When isoquants get progressively closer together there is

a. increasing returns to scale b. decreasing returns to scale c. constant returns to scale

Economics