Spending on new housing, which economists refer to as residential fixed investment, is included in the consumption expenditures component of GDP

The most accurate quantitative time measure is:

a. Self-report or diary method b. Recall method c. Observation method d. A combination of all of the above methods to allow for cross checks.

If the required reserve ratio is 20 percent and the Fed buys a $10,000 security from a depository institution that currently has no excess reserves, the money supply: a. decreases by $10,000. b. increases by $5,000

c. decreases by $5,000. d. increases by $50,000. e. decreases by $50,000.