When a firm builds a new factory, this is an example of an investment in:
A. human capital.
B. physical capital.
C. research and development.
D. the market.
Answer: B
Economics
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In a closed economy, without the government:
A) savings equals net exports. B) consumption equals investment. C) consumption equals savings. D) savings equals investment.
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Currency devaluation ______export producers because_______
a. Helps; exports are more expensive b. Hurts; exports are more expensive c. Helps; exports are less expensive d. Hurts; exports are less expensive
Economics