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Author Question: The purchase of a new house is included in A) government purchases. B) investment expenditures. ... (Read 149 times)

azncindy619

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The purchase of a new house is included in
 
  A) government purchases. B) investment expenditures.
  C) net exports. D) consumption expenditures.

Question 2

What is a firm?
 
  What will be an ideal response?



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Beatricemm

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Answer to Question 1

B

Answer to Question 2

A firm is an organization that comes into being when an individual or a group of individuals decide to produce a good or service to meet a perceived demand. Most firms exist to make a profit.





 

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