Which of the following is an investment as defined in the text?
A) A new automobile.
B) Australian government bond.
C) Automobile insurance.
D) All of the above.

Question

Quizplus · Accepted Answer

An investment is an asset that is purchased with the hope that it will generate income or appreciate in value. An Australian government bond is an investment because it is a loan that you make to the government, and in return, you receive interest payments.

Which of the Following Is an Investment as Defined in the Text