Economic Performance Unit Test

3 of 183 of 18 Items

Question
Which of the following would be counted in the investment component of this year's GDP?(1 point)
Responses

The market value of all finished goods purchased this year.
The market value of all finished goods purchased this year.

The market value of new factories built this year.
The market value of new factories built this year.

The total quantity of savings account deposits made this year.
The total quantity of savings account deposits made this year.

The market value of all concrete sold this year.

1 answer

The correct response is:

The market value of new factories built this year.

In GDP calculation, investment refers to spending on capital goods that will be used for future production, which includes the purchase of new factories, machinery, and residential construction. The other options do not fall under the investment category in GDP.