Which of the following is FALSE about saving?
A) Saving adds to wealth.
B) Income left after paying taxes can either be consumed or saved.
C) Saving equals wealth minus consumption expenditure.
D) Saving is the source of funds used to finance investment.
E) Saving supplies funds in loan markets, bond markets, and stock markets.
Correct Answer:
Verified
Q2: Capital is
A)the tools, instruments, machines, buildings, and
Q3: At the beginning of the year, your
Q7: Capital stock increases when
A)gross investment exceeds net
Q8: In January 2011,Tim's Gyms,Inc.owned machines valued at
Q11: The total amount spent on new capital
Q12: At the beginning of the year,Tom's Tubes
Q14: Gross investment
A)is the total amount spent on
Q15: Net investment equals
A)capital minus depreciation.
B)gross investment minus
Q17: At the beginning of the year,Tom's Tubes
Q20: If the economy's capital decreases over time,
A)net
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