Which of the following is FALSE?
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
Q1: The funds used to buy physical capital
Q2: Capital is
A)the tools, instruments, machines, buildings, and
Q3: At the beginning of the year, your
Q4: In 2011, Tim's Gyms needs to finance
Q5: The Acme Stereo Company had capital of
Q7: Capital stock increases when
A)gross investment exceeds net
Q8: At the beginning of the year, Tom's
Q9: At the beginning of the year, Tom's
Q10: Net investment equals
A)capital minus depreciation.
B)gross investment minus
Q11: The total amount spent on new capital
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