Which of the following best explains what happens when a business firm purchases a drill press manufactured in Germany?
A) There will be an increase in exports.
B) There will be an increase in import spending.
C) There will be an increase in investment expenditures.
D) There will be an increase in both investment expenditures and import spending.
E) There will be a decline in investment expenditures and an increase in import spending.
Correct Answer:
Verified
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