Multiple Choice
All of the following are examples of investment according to the Department of Commerce except
A) An automobile company replaces old paint machines with new ones.
B) An automobile company makes loans to consumers to finance the purchases of new cars.
C) An automobile company borrows money to build a new assembly plant.
D) An automobile dealer expands the number of new cars offered for sale on their parking lot.
Correct Answer:
Verified
Correct Answer:
Verified
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Q14: Keynes stressed the importance of effective demand,
Q15: Leakages from the circular flow include<br>A) savings,
Q16: All of the following individual investments are
Q17: Progressive economists argue that recessions and depressions
Q19: The circular flow of money refers to<br>A)
Q20: According to Keynesian economists, the problem in
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