Investment is defined as the purchase of
A) financial assets and inventories only.
B) new capital goods but not additions to inventories.
C) any financial asset only.
D) new capital goods and additions to inventories.
E) additions to inventories only.
D
Economics
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If consumer confidence rises because of strong job growth in an economy, what is likely to happen to the rate of savings?
a) The savings rate will likely rise. b) The savings rate will likely fall. c) The savings rate will likely fall to zero. d) The savings rate will turn negative.
Economics
Sometimes, the taxes with the smallest excess burden are:
a. progressive b. regressive c. proportional d. digressive
Economics