Which of the following is included as investment in GDP?

i. cars produced during the year but unsold at the end of the year
ii. new capital equipment produced and purchased during the year
iii. purchases of a company's stocks and bonds

A) iii only B) i only C) ii only D) i, ii, and iii E) i and ii

E

Economics

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Policy actions designed to allow relatively open competition in national stock and bond markets are called

A) capital market liberalization. B) financial sector deregulation. C) cross-border mergers and acquisitions. D) regulatory arbitrage.

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Indifference curves close to the origin are ________ those farther from the origin because of ________

A) better than; transitivity B) worse than; nonsatiation C) better than; completeness D) worse than; transitivity

Economics