Multiple Choice
All of the following individual investments are not counted as investment by the Department of Commerce except for
A) An individual borrows $40,000 and spends it to install a new swimming pool on her property.
B) An individual borrows $40,000 to purchase stock in a swimming pool company.
C) An individual borrows $400,000 to purchase an already existing rental property.
D) An individual borrows $400,000 to buy gold.
Correct Answer:
Verified
Correct Answer:
Verified
Q11: In Keynes' analysis of the circular flow
Q12: Unused savings, as defined in this chapter,
Q13: The wealthy tend to have<br>A) higher average
Q14: Keynes stressed the importance of effective demand,
Q15: Leakages from the circular flow include<br>A) savings,
Q17: Progressive economists argue that recessions and depressions
Q18: All of the following are examples of
Q19: The circular flow of money refers to<br>A)
Q20: According to Keynesian economists, the problem in
Q21: The name of John Maynard Keynes' most