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 150 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?

People with high total cholesterol have about two times the risk for heart disease as people with ideal levels.

Did you know?

Most women experience menopause in their 50s. However, in 1994, an Italian woman gave birth to a baby boy when she was 61 years old.

Did you know?

In Eastern Europe and Russia, interferon is administered intranasally in varied doses for the common cold and influenza. It is claimed that this treatment can lower the risk of infection by as much as 60–70%.

Did you know?

Although the Roman numeral for the number 4 has always been taught to have been "IV," according to historians, the ancient Romans probably used "IIII" most of the time. This is partially backed up by the fact that early grandfather clocks displayed IIII for the number 4 instead of IV. Early clockmakers apparently thought that the IIII balanced out the VIII (used for the number 8) on the clock face and that it just looked better.

Did you know?

Approximately 15–25% of recognized pregnancies end in miscarriage. However, many miscarriages often occur before a woman even knows she is pregnant.

For a complete list of videos, visit our video library