Asked by Seniha Elcik on Jun 11, 2024
Verified
Which statement is true?
A) As income rises,higher levels of investment are induced.
B) Most of the investment in the United States is done by foreigners.
C) Although there is a surplus of savings in this country,very little of the savings pool is actually invested in plant and equipment.
D) None is true.
Investment
Involves allocating resources, usually money, with the expectation of generating an income or profit.
Income
The financial gain that an individual, business, or economy receives, usually in the form of money or other valuables, from various sources within a specified period.
Savings
The portion of income not spent on current consumption, often put aside for future use or investment.
- Analyze the impact of economic fluctuations on investment amounts.
Verified Answer
Learning Objectives
- Analyze the impact of economic fluctuations on investment amounts.
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