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are viewed as investment in the national incon (GDP) accounts? (a) You buy $1000 of federal government bond (b) Richard, a carpenter, builds himself a log cabin; (c) The Art Gallery of Nova Scotia buys a painti by Picasso for $20 million. (d) Your family buys a newly constructed home (e) Apple Computer Corporation builds a new factory to manufacture computers;

are viewed as investment in the national incon (GDP) accounts? (a) You buy $1000 of federal government bond (b) Richard, a carpenter, builds himself a log cabin; (c) The Art Gallery of Nova Scotia buys a painti by Picasso for $20 million. (d) Your family buys a newly constructed home (e) Apple Computer Corporation builds a new factory to manufacture computers;

Essentials of Economics (MindTap Course List)
Essentials of Economics (MindTap Course List)
8th Edition
ISBN:9781337091992
Author:N. Gregory Mankiw
Publisher:N. Gregory Mankiw
Chapter15: Measuring A Nation's Income
Section: Chapter Questions
Problem 4CQQ
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Question 4 Which of the following transactions are viewed as investment in the national income (GDP) accounts? (a) You buy $1000 of federal government bonds; (b) Richard, a carpenter, builds himself a log cabin: (c) The Art Gallery of Nova Scotia buys a painting by Picasso for $20 million. (d) Your family buys a newly constructed home. (e) Apple Computer Corporation builds a new factory to manufacture computers;
Transcribed Image Text:Question 4 Which of the following transactions are viewed as investment in the national income (GDP) accounts? (a) You buy $1000 of federal government bonds; (b) Richard, a carpenter, builds himself a log cabin: (c) The Art Gallery of Nova Scotia buys a painting by Picasso for $20 million. (d) Your family buys a newly constructed home. (e) Apple Computer Corporation builds a new factory to manufacture computers;
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