In economics,the term 'investment' refers to:
A) purchasing shares and fixed term securities.
B) spending on physical products that are intended to be used as inputs in production processes.
C) purchasing a piece of existing real estate.
D) purchasing goods or services.
Correct Answer:
Verified
Q40: The circular flow model shows the flow
Q41: Exhibit 11-1 Expenditure approach Q42: Exhibit 11-2 GDP data (billions of dollars) Q43: Assume that household consumption is $500 billion,gross Q44: Household consumption expenditures include: Q45: Exhibit 11-3 GDP data (billions of dollars) Q46: Exhibit 11-1 Expenditure approach Q49: Exhibit 11-3 GDP data (billions of dollars) Q60: Narrbegin Exhibit 11.1 Expenditure approach Q73: The expenditure approach for the calculation of
A) investment expenditure.
B) used
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