Which of the following is not an economic investment?
A) the purchase of a drill press by the Ajax Manufacturing Company
B) the purchase of 100 shares of Bell Canada by a retired business executive
C) construction of a suburban housing project
D) the piling up of inventories on a grocer's shelf
Correct Answer:
Verified
Q21: If in some year gross investment was
Q31: Which of the following do national income
Q54: An increase in inventories during 2022:
A)will result
Q55: A distinguishing characteristic of public transfer payments
Q57: GDP excludes expenditures by:
A)businesses on pollution control
Q58: Net investment refers to:
A)the amount of machinery
Q60: In calculating GDP by the expenditure approach,
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