What does gross private domestic investment include?
a. Business purchases of capital goods, all new construction, and purchases of consumer durable goods.
b. Business purchases of capital goods, all new construction, and inventory investment.
c. Business purchases of capital goods, all new commercial construction, and inventory investment.
d. Business purchases of capital goods, all new residential construction, and inventory investment.
e. Business purchases of all types of durable goods, all new construction, and inventory investment.
B
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Which of the following individuals is NOT counted as unemployed?
A) Jackie, who was recently fired and is now applying for another job B) Jennifer, who just graduated from college and is now seeking employment with the company of her dreams. C) Jamil, who recently quit his job and is looking for a new position D) Jack, who has become discouraged about ever finding a job and has stopped looking
Figure 4.3 illustrates the demand for tacos. Assume that tacos and burritos are substitutes. A decrease in the price of burritos would bring about a movement from:
A. point a to point c. B. point c to point b. C. D2 to D0. D. D1 to D2.