Investment is
A. spending by businesses on things which can be used to produce goods and services in the future.
B. spending by consumers on items that account for large shares of their budgets.
C. the purchasing of stocks and mutual funds.
D. the production of goods for immediate satisfaction.
Answer: A
Economics
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A change in inflation leads to shifts of the ________ curves
A) MP, IS, & AD B) MP & IS, but not AD C) IS & AD, but not MP D) MP, but not IS nor AD E) none of the above
Economics
Inflation caused by an increase in aggregate spending is referred to as:
A. demand-push inflation. B. demand-pull inflation. C. hyperinflation. D. cost-push inflation.
Economics