Which of the following is NOT true about investment goods?
A) They add to the nation's stock of capital.
B) They can be used to replace worn-out equipment.
C) They can expand the nation's production possibilities.
D) They increase the retirement benefits for individuals.
Correct Answer:
Verified
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Q38: Which of the following is NOT an
Q39: Consumer goods:
A) Account for half of total
Q40: Consumer goods:
A) Account for over two-thirds of
Q41: Income transfers include:
A) Food provided by a
Q43: GDP is the sum of consumption,investment,government purchases,and:
A)
Q44: According to your textbook,for the United States,investment
Q45: As a portion of GDP,government purchases include:
A)
Q46: Government services:
A) Is larger than consumption in
Q47: The decline in employment in the farm
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