Fixed investment is
A. when a firm accumulates profits.
B. dissavings.
C. an expenditure by firms on new machines that are expected to produce income in the future.
D. when a firm adds to its inventories of goods.
Answer: C
Economics
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The quantity of goods and services that can be produced by one worker or by one hour of work is referred to as
A) human capital. B) labor productivity. C) technology. D) real GDP.
Economics
If additional information is not used when forming an optimal forecast because it is not available at that time, then expectations are
A) obviously formed irrationally. B) still considered to be formed rationally. C) formed adaptively. D) formed equivalently.
Economics