All of the following are examples of investment according to the Department of Commerce except
A) An automobile company replaces old paint machines with new ones.
B) An automobile company makes loans to consumers to finance the purchases of new cars.
C) An automobile company borrows money to build a new assembly plant.
D) An automobile dealer expands the number of new cars offered for sale on their parking lot.
Correct Answer:
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Q4: Keynes divided spending into four great flows
Q5: Income received by households will be used
Q6: In Keynes' analysis of the circular flow
Q7: In Keynes' analysis of the circular flow,
Q8: In Keynes' analysis of the circular flow,
Q10: All of the following individual investments are
Q11: Unused savings, as defined in this chapter,
Q12: The following are all aggregate markets discussed
Q13: Keynes disagreed with the neoclassical view of
Q14: Progressive economists argue that recessions and depressions
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