Which of the following is not included in the investment category under the expenditure approach to GDP accounting?
a. newly constructed residential housing
b. factory buildings
c. stocks and bonds
d. additions to inventory
c
Economics
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When oligopolists join together in a cartel, they
a. have chosen to ignore interdependence. b. have admitted that their behavior is interdependent. c. are planning to violate the law of supply and demand. d. are trying to behave like perfect competitors.
Economics
Personal consumption spending is the most sensitive component of aggregate demand to monetary policy
a. True b. False Indicate whether the statement is true or false
Economics