Business Fixed Investment

question 24

Multiple Choice

Business fixed investment

• A)includes the building of single- and multi-family housing units.
• B)is the change in business inventories.
• C)is the smallest subcomponent of investment.
• D)consists of purchases of a newly produced plant and equipment.

---

Definitions:

Bait and Switch

A deceptive marketing strategy where a customer is attracted by the advertisement of a low-priced item but is then persuaded to buy a more expensive one.

Factory Seconds

Products that are not sold as 'first-quality' due to minor defects or imperfections, often available at reduced prices.

Power Drill

A tool equipped with a cutting tool attachment or driving tool attachment, usually a drill bit or driver bit, used for drilling holes in various materials or fastening materials together.

Profit-Oriented

A business approach or objective focusing on generating financial gain and maximizing profit margins.