Hughes and Cain (2011)talk about falling levels of investment during the Great Depression.What does the "investment" that they are talking about refer to?
A) Engineering ideas behind the industry of the era
B) Money loaned by banks to consumers
C) Land, labor, and equipment used in production
D) Tools, equipment, machines, and buildings used in production

Question

Quizplus · Accepted Answer

Hughes and Cain are referring to physical assets such as tools, equipment, machines, and buildings used in production when they talk about "investment" during the Great Depression.

Hughes and Cain (2011)talk About Falling Levels of Investment During