Economists Refer to the Purchase of a New Home as

question 22

Multiple Choice

Economists refer to the purchase of a new home as

• A)fixed structure investment.
• B)residential consumption.
• C)building investment.
• D)inventory investment.
• E)residential investment.

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Definitions:

Jeweller

A person or entity engaged in the business of selling and sometimes manufacturing jewelry.

Commercial Aircraft

Airplanes designated for carrying passengers or cargo as part of a business for profit, excluding military or private aircraft.

Flight Attendant

An airline employee responsible for ensuring the safety, comfort, and needs of passengers during a flight.

Complimentary Locks

Locks provided at no additional cost as a courtesy or as part of a service.