Which of the following statements is false?
A) Saving equals wealth minus consumption expenditure.
B) Saving is the source of funds used to finance investment.
C) Saving adds to wealth.
D) Income left after paying taxes can either be consumed or saved.
E) Saving supplies funds in loan markets, bond markets, and stock markets.
Correct Answer:
Verified
Q9: In January 2017, Tim's Gyms, Inc.owned machines
Q10: The total amount spent on new capital
Q11: In 2017, Tim's Gyms finances the building
Q12: At the beginning of the year, your
Q13: At the beginning of the year, Tom's
Q15: Capital increases when
A)net investment exceeds gross investment.
B)net
Q16: In January 2017, Tim's Gyms, Inc.owned machines
Q17: The Acme Stereo Company has capital of
Q18: If the economy's capital decreases over time,
A)depreciation
Q19: Gross investment
A)equals real GDP minus consumption expenditure.
B)equals
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents