Which of the following is the best example of economic investment?


A.
Apple builds a new plant to manufacture iPads

B.
Your college purchases a 5-year old building in order to have more classrooms

C.
A retiree purchases U.S. government bonds

D.
A company like Bank of America acquires another company like Merrill Lynch


A.
Apple builds a new plant to manufacture iPads

Economics

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With each 99 cent iTunes download, GDP

A) rises by 99 cents. B) falls by 99 cents. C) remains unchanged. D) is impossible to measure with this sale because nothing physical has been produced.

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What is meant by economies of scale and what is the importance of this concept to economic growth?

Please provide the best answer for the statement.

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