According to the BEA, in the second quarter of 2012 business spending on equipment and software rose by 4.7 percent. Using the expenditure approach, this change increases
A) gross private domestic investment.
B) government expenditure on goods and services.
C) net exports of goods and services.
D) personal consumption expenditures.
A
Economics
You might also like to view...
If the cross elasticity between two goods, X and Y, is positive, then we know they are
a. substitute goods b. complementary goods c. unrelated goods d. inferior goods e. normal goods
Economics
In a contestable market,
A. A few firms collude to achieve monopoly profits. B. Many firms compete, which drives prices down to minimum long-run average total cost. C. Entry occurs when prices rise above average total costs. D. A few firms use predatory prices to achieve market share.
Economics