In the second half of 2019, automobile sales in the United States were lower than they were in the second half of 2018. The decrease in auto sales impacts GDP because new automobiles are counted as ________ when purchased by households and ________ when purchased by businesses.

Respuesta :

he decrease in auto sales impacts GDP because new automobiles are counted as consumption when purchased by households and investment when purchased by businesses.

What is the impact of the decline in auto sales?

Gross domestic product is the total sum of final goods and services produced in an economy within a given period which is usually a year

GDP calculated using the expenditure approach = Consumption spending by households + Investment spending by businesses + Government spending + Net export

Consumption spending includes spending by households on goods and services. Consumption spending includes :

  • spending on durables - e.g. laptop
  • spending on nondurables - e.g. clothes, food
  • spending on services  - e.g. payment of hospital bill

Investment includes purchases of goods and services made by businesses in the production of goods and services

Here are the options:

investment; consumption

durable goods; nondurable goods

nondurable goods; durable goods

consumption; investment

To learn more about GDP, please check: https://brainly.com/question/15225458

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