54 535
Assignments Done
98,4%
Successfully Done
In November 2017
Your physics homework can be a real challenge, and the due date can be really close — feel free to use our assistance and get the desired result.
Be sure that math assignments completed by our experts will be error-free and done according to your instructions specified in the submitted order form.
Our experts will gladly share their knowledge and help you with programming homework. Keep up with the world’s newest programming trends.

Answer on Macroeconomics Question for Rishi Baig

Question #27128
Ali buys for himself a house (9 years old).
Saleem built a brand new house.
An automobile company sells Rs. 100 Billion in a Stock and builds a new car factory in Lahore.

Which one of the above investments is included in GDP? Why?
Expert's answer
First deal is personal consumption, so it is not an investment.
Second deal is also personal consumption, but in another form, as the house is
built for personal use.
And only the third is an investment and is included in GDP, because building of
a new factory is investing money to produce new output and the money for it is
collected from savings of the population.

Need a fast expert's response?

Submit order

and get a quick answer at the best price

for any assignment or question with DETAILED EXPLANATIONS!

Comments

No comments. Be first!

Leave a comment

Ask Your question