Spending on the structures,equipment,and software that provide the industrial capacity to produce goods and services for all sectors of the economy is called:
A)inventory investment
B)business fixed investment
C)residential fixed investment
D)consumption

Question

Quizplus · Accepted Answer

Business fixed investment refers to the spending on structures, equipment, and software by businesses to produce goods and services. Inventory investment refers to the spending on adding to or reducing inventories, residential fixed investment refers to spending on housing, and consumption refers to spending by households on goods and services for their own use.

Spending on the Structures,equipment,and Software That Provide the Industrial Capacity