Question 1
Capital goods yield benefits
◦ as soon as the investment decision is made.
◦ before they are put to use.
◦ over their life span.
◦ in the present only.
Question 2
The term
investment as it is used by an economist refers to
◦ the creation of new capital.
◦ the act of buying a share of stock or a bond.
◦ a household's savings.
◦ the net worth of a company's financial assets.