Reference no: EM132823825
Problem 1: Which of the following is an example of investment, as a component of GDP?
Multiple Choice
Option 1: the purchase of a truck by a delivery company
Option 2: the purchase of Ford stock by an individual saving for retirement
Option 3: the purchase of land by an individual
Option 4: the purchase of bridges and dams by the government
Problem 2: Which of the following situations is sufficient to represent current demand for a car?
Multiple Choice
Option 1: You have plenty of money to buy it, but you can't decide if you want a motorcycle or a car.
Option 2: You have enough money to buy it and you are willing to spend the money on the car.
Option 3: You've decided you want a car and you can possibly borrow the money from a bank.
Option 4: You want to buy a motorcycle and a car and you'll have enough money for both in two years.