Which of the following is investment, according to an economist?

A. The purchase of a new family car.
B. A collection of rare coins.
C. The purchase of U.S. savings bonds.
D. An increase in business inventories.

Answer: D

Economics

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The price of a commodity in terms of another commodity is

A) the law of demand. B) a substitute. C) the money price. D) the relative price.

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The new European Central Bank is located in which country?

A) England B) Italy C) France D) Spain E) Germany

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