Changes in the amount of goods produced, but not sold in a given year is called:

A) inventory investment
B) business fixed investment
C) residential fixed investment
D) consumption

A

Economics

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A country with a lower relative cost of production of a particular good has a(n) _______ advantage and it is likely to _______ this good.

A) absolute; import B) comparative; import C) comparative; export D) absolute; not export

Economics

Urban Outfitters wants to raise $25 million to finance the construction of a new store, and the company wishes to raise the funds through direct finance. Which of the following methods could it use?

A) It could issue $25 million in stock. B) It could borrow $25 million from a bank. C) It could sell $25 million in bonds. D) It could choose either A or C.

Economics