Which of the following is an example of an investment expenditure? A Steve purchases a new power washer for his gutter cleaning business. B Margaret buys a new home. C A florist installs new energy efficient refrigerators. D All of these are examples of investment spending.
Which of the following is an example of an investment expenditure? A Steve purchases a new power washer for his gutter cleaning business. B Margaret buys a new home. C A florist installs new energy efficient refrigerators. D All of these are examples of investment spending.
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Question
Which of the following is an example of an investment expenditure?
A |
Steve purchases a new power washer for his gutter cleaning business. |
|
B |
Margaret buys a new home. |
|
C |
A florist installs new energy efficient refrigerators. |
|
D |
All of these are examples of investment spending. |
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