Durable Goods Consumption Expenditures $350 Nondurable Goods Consumption Expendi
ID: 1160321 • Letter: D
Question
Durable Goods Consumption Expenditures
$350
Nondurable Goods Consumption Expenditures
$1,000
Services Consumption Expenditures
$3,000
Business Fixed Investment
$1,500
Change in Inventories
-$100
Government Consumption Expenditures and Gross Investment
$2,000
Exports
$700
Imports
$1,000
Refer to the table shown here. What is the value of gross private domestic investment?
$1,500.
$1,400.
$1,600.
$2,000.
17Those individuals 16 years of age and over who are working in a job or actively seeking employment are called:
the labor force.
the employed.
the unemployed.
none of the above.
18Changes in taxes and spending by the executive and legislative branches of a country's government that can be used to either stimulate or restrain the economy are called:
monetary policy.
fiscal policy.
foreign policy.
exchange rate policy.
19Policies adopted by a country's central bank that influence interest rates and credit conditions, which in turn influence consumer and business spending are called:
monetary policy.
fiscal policy.
foreign policy.
exchange rate policy.
Durable Goods Consumption Expenditures
$350
Nondurable Goods Consumption Expenditures
$1,000
Services Consumption Expenditures
$3,000
Business Fixed Investment
$1,500
Change in Inventories
-$100
Government Consumption Expenditures and Gross Investment
$2,000
Exports
$700
Imports
$1,000
Explanation / Answer
Q17 Those individuals 16 years of age and over who are working in a job or actively seeking employment are called the labor force.
Q18 Changes in taxes and spending by the executive and legislative branches of a country's government that can be used to either stimulate or restrain the economy are called fiscal policy.
Q19 Policies adopted by a country's central bank that influence interest rates and credit conditions, which in turn influence consumer and business spending are called exchange rate policy.
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