Expenditures by firms on new machines and buildings that are expected to yield a future stream of income is known as
A) consumer durable.
B) consumption goods.
C) fixed investment.
D) inventory investment.
C
You might also like to view...
Which of the following terms means that the country is a net lender abroad?
a. current account surplus b. current account deficit c. trade surplus d. trade deficit
The text maintains that people find the workings of the economic system bewildering, largely because
What will be an ideal response?
________ curves are derived while holding constant income, tastes, and the prices of other goods.
A. Supply B. Demand C. Production D. Distribution
There is no longer much debate among economists concerning the severity of and the solution to the problems in using the CPI to measure the cost of living
a. True b. False Indicate whether the statement is true or false