Economists use the word investment to refer to the portion of income that:
A) is spent on productive inputs,such as factories,machinery,and inventories.
B) is not immediately spent on consumption of goods and services.
C) is placed in an individual's savings account.
D) is in any interest-bearing account.
Correct Answer:
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Q5: A bank provides:
A) liquidity; that is, access
Q6: One of the main benefits a bank
Q9: The basic purpose of financial markets is:
A)to
Q10: A bank acts as _ between buyers
Q11: An example of a seller in a
Q12: Banks act as:
A)an organizer among firms in
Q14: In financial markets, buyers are people who:
A)
Q19: The financial system:
A) brings together savers and
Q32: Savers supply funds to those who want
Q40: The portion of income that is not
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