Which of the following scenarios would be considered an investment according to economists?
A. The owner of a fishing company buys Google shares.
B. The owner of a fishing company buys new fishing gear.
C. The owner of a fishing company buys fuel to run the boats.
D. A fishing company buys a few boats from another fishing company that was shutting down.
Answer: B
Economics
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An American insurance company hires a call center in India to handle customer service calls in order to cut costs. Other things equal, this will ________ of the United States
A) decrease the financial account balance B) decrease net exports C) decrease the capital account balance D) increase the current account balance
Economics
What is an income statement?
What will be an ideal response?
Economics