Investment, as defined by economists, would include the purchase of a
A) Treasury bond.
B) corporate bond.
C) share of stock in Facebook.
D) cargo van by a delivery company.
D
Economics
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If the price of product X rises, then the resulting decline in the amount purchased will:
A. necessarily increase the consumer's total utility from his total purchases. B. increase the marginal utility of the last unit consumed of this good. C. increase the total utility from purchases of this good. D. reduce the marginal utility of the last unit consumed of this good.
Economics
A consumer cannot gain consumer’s surplus if she purchases more than one unit of a good.
Answer the following statement true (T) or false (F)
Economics