Increases in the value of existing assets are called:
A. investment.
B. capital gains.
C. saving.
D. capital losses.
Answer: B
You might also like to view...
Macroeconomic stabilization involves
(a) reduction of inflation. (b) reduction of government budget deficits. (c) reduction of trade deficits. (d) all of the above. (e) none of the above.
________ is an institution that receives contributions from workers and uses the funds received to invest in financial securities to fund retirement benefits
A) A mutual fund B) A pension fund C) A hedge fund D) An investment bank
Figure 6.2 illustrates a change in the price of soup. From the graph, we can conclude that:
A. the price of soup has increased and soup is a Giffen good.
B. the price of soup has fallen and soup is a Giffen good.
C. the price of soup has fallen and soup is a normal good.
D. the price of soup has fallen and bread is a Giffen good.
Rank the following state and local government expenditure categories from smallest to largest
a. education, health, highways b. education, highways, health c. highways, health, education d. health, education, highways.