This topic contains a solution. Click here to go to the answer

Author Question: The purchase of a new house is included in A) government purchases. B) investment expenditures. ... (Read 112 times)

azncindy619

  • Hero Member
  • *****
  • Posts: 562
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?



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Beatricemm

  • Sr. Member
  • ****
  • Posts: 323
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.





 

Did you know?

The lipid bilayer is made of phospholipids. They are arranged in a double layer because one of their ends is attracted to water while the other is repelled by water.

Did you know?

Many of the drugs used by neuroscientists are derived from toxic plants and venomous animals (such as snakes, spiders, snails, and puffer fish).

Did you know?

The first oral chemotherapy drug for colon cancer was approved by FDA in 2001.

Did you know?

The most dangerous mercury compound, dimethyl mercury, is so toxic that even a few microliters spilled on the skin can cause death. Mercury has been shown to accumulate in higher amounts in the following types of fish than other types: swordfish, shark, mackerel, tilefish, crab, and tuna.

Did you know?

Malaria mortality rates are falling. Increased malaria prevention and control measures have greatly improved these rates. Since 2000, malaria mortality rates have fallen globally by 60% among all age groups, and by 65% among children under age 5.

For a complete list of videos, visit our video library