Multiple Choice
When a firm buys a new machine for its business, it is considered to be:
A) consumption.
B) investment spending.
C) government spending.
D) private saving.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q78: In the circular-flow diagram, households:<br>A) supply goods.<br>B)
Q189: Gross domestic product is the economy's total
Q356: If the price index in year 1
Q358: In the circular-flow diagram, government purchases of
Q359: The instrument by which a household makes
Q360: Use the following to answer questions :<br>Table:
Q362: Explain the difference between the consumer price
Q363: The GDP deflator measures changes in the
Q364: Use the following to answer questions :<br>Figure:
Q366: Which of the following is consumption?<br>A)a new