In the study of economics, investment means:
a. the effect of stock prices on the production possibilities curve.
b. the accumulation of capital that is used to produce goods and services.
c. owning stocks and bonds.
d. the principle that the opportunity cost increases as the production of one output expands.
b
Economics
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If a pension fund has sufficient contributions and earnings to pay benefits, it is said to be
A) underfunded. B) at par. C) fully funded. D) over par.
Economics
If the price level in the United States decreases, domestic goods will become relatively cheaper than foreign goods, the demand for U.S.-made goods will increase, and the quantity of RGDP demanded will increase
a. True b. False Indicate whether the statement is true or false
Economics