The invention of ATMs reduced the:

A welding machine is an example of a factor of production if it is being used to produce automobiles

Indicate whether the statement is true or false

There are two types of investment: ________ investment—the spending by business firms on equipment and structures, and planned spending on residential houses—and ________ investment—spending by business firms on additional holdings of raw

materials, parts, and finished goods. A) planned; gross B) planned; inventory C) fixed; gross D) fixed; inventory