Which would be considered an investment according to economists?
A. The purchase of newly issued shares of stock in Microsoft.
B. The sale of government bonds by the nation's central bank.
C. The construction of a new computer chip factory by Intel.
D. The purchase of shares of stock by Fidelity, a mutual fund company.
Answer: C
You might also like to view...
You are given the following consumption function C = 50 + .80YD. What is the amount of autonomous consumption expenditures?
A) 75 B) 100 C) 5 D) 50
Attempts to alleviate poverty have included all of the following income-maintenance programs EXCEPT
A) Social Security. B) temporary assistance to needy families. C) 401(k) plans. D) food stamps.
Unproductive actions designed to increase income or wealth are known as:
a. transfer payments. b. incorporation. c. profit seeking. d. income search. e. rent seeking.
Justin never keeps track of the sales and discounts offered in the stores at various times of the year, while his sister does. This implies that Justin has a higher price elasticity of demand than his sister
Indicate whether the statement is true or false