Using the expenditures approach to national income accounting, which of the foll
ID: 1128348 • Letter: U
Question
Using the expenditures approach to national income accounting, which of the following would be counted as investment spendinginvestment spending? A. Upper A company raises money by selling bonds.A company raises money by selling bonds. B. Upper A person in California buys a new house.A person in California buys a new house. C. An investor buys 500 shares of Microsoft stock.An investor buys 500 shares of Microsoft stock. D. Upper A small business buys used office furniture from a company that is going out of business.
Explanation / Answer
Answer.) D. Upper A small business buys used office furniture from a company that is going out of business.
Since Purchased office furniture will be used in Upper A company office therefore, its an investment spending.
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