which of the following is not economic investment?
A)the purchase of a drill press by the Ajax Manufacturing Company
B)the purchase of 100 shares of AT&T by a retired business executive
C)construction of a suburban housing project
D)the piling up of inventories on a grocer's shelf
2006-11-18 13:43:31 · 2 answers · asked by Anonymous in Social Science ➔ Economics
B.
All the others are 'real' investment ie the purchase by someone of "investment goods" as measured in GDP statistics. B) is "savings" as distinct from "consumption". The use of the word "investment" to mean buying shares on a stockmarket is a different use of the word.... just as in common English we say we "invest time" in some research... in your case before writing yuor essay?
2006-11-22 11:55:31 · answer #1 · answered by MBK 7 · 0⤊ 0⤋
A
2006-11-18 13:48:14 · answer #2 · answered by Mary G 6 · 0⤊ 0⤋