Table 14-1

-Refer to Table 14-1. If the market interest rate is 9%, what is the amount of planned investment expenditure?

Question

Table 14-1
 
-Refer to Table 14-1. If the market interest rate is 9%, what is the amount of planned investment expenditure?

Quizplus · Accepted Answer

Planned investment expenditure is the total amount of investment expenditure planned by all the firms in the economy. In Table 14-1, at an interest rate of 9%, the planned investment expenditure is $5,500, which is the total of all the investment spending columns. Therefore, the correct answer is D) $5,500.

Table 14-1 -Refer to Table 14-1. If the Market Interest Rate Is