Residential construction (new houses and apartments) are included in which component of GDP?

a. government purchases
b. retail spending
c. investment spending
d. net exports

c

Economics

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Briefly describe the following tasks of macroeconomists: forecasting; analysis; research; and data development

What will be an ideal response?

Economics

All of the following are macroeconomic injections into the circular flow except:

a. Consumption b. Gross private domestic investment c. National government spending d.All of the above. e. None of the above.

Economics