Which of the Following Would Be Classified as "Investment" in the National

question 23

Multiple Choice

Which of the following would be classified as "investment" in the national income and product accounts?

• A)the purchase of a government bond
• B)the purchase of Telus stock
• C)the construction of a new factory
• D)the payment of real-estate fees
• E)the holding of money

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Definitions:

Incidental Damages

Additional expenses incurred by one party due to another's breach of contract, above and beyond the direct damages or loss suffered.

Swimsuits

Clothing designed for people to wear while swimming.

Credit

Credit is the ability to obtain goods or services before payment, based on the trust that payment will be made in the future.

Incidental Damages

Compensation for additional, unforeseen expenses incurred due to the breach of a contract or agreement.