Which of the following statements is true about buying an old factory?
A. It is a financial investment but not an economic investment.
B. It is an economic investment but not a financial investment.
C. It is both an economic and a financial investment.
D. It is neither an economic nor a financial investment.
A. It is a financial investment but not an economic investment.
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The Fed decreases the quantity of money to counteract
A) positive net exports. B) a federal budget deficit. C) a rise in the unemployment rate. D) a recessionary ga
The labor demand curve:
A. is provided by firms who want to hire workers at each given wage. B. is made up of workers who want to work for firms at each given wage. C. shows number of workers who are willing and able to work at higher wages. D. shows that the number of people who want to work increases as the wage increases.
Refer to the information provided in Figure 13.10 below to answer the question(s) that follow. Figure 13.10 Refer to Figure 13.10. If Armstrong Cable is forced to sell the efficient level output, it will
A. earn a profit of $4,000. B. earn a zero profit. C. incur a loss of $1,250. D. incur a loss of $7,250.
The turnpikes built in the early 1800s were
(a) intercity toll roads. (b) highly profitable enterprises. (c) financed entirely by private enterprise. (d) regulated by the federal government.