Question

In what category is the purchase of a computer by a person for household use in national income accounting, that is, in how we calculate GDP?A. It is counted in C, personal consumptionB. It is counted in C, personal consumption if the computer was manufactured in the United States; otherwise it is ignoredC. It is included as part of I, Private InvestmentD. The purchase is not included at all, but the value of services the computer gives is included in C, personal Consumption each year

Answer 1

Answer:

is counted in C, personal consumption

Explanation:

GDP = Consumption spending + Investment spending + Government Spending + Net Export

Consumption spending is all spending by households on services and goods which could be either durable or non durable goods.

Investment is spending by businesses.

I hope my answer helps you