Multiple Choice
What does the term investment refer to as defined in national income accounting?
A) The spending by firms on new machinery and equipment.
B) The value of all construction.
C) The changes in business inventories from one year to the next.
D) The spending by firms on new machinery and equipment,the value of all construction,and the changes in business inventories from one year to the next.
Correct Answer:
Verified
Correct Answer:
Verified
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