In What Category Is the Purchase of a Computer by a Business

question 170

Multiple Choice

In what category is the purchase of a computer by a business in national income accounting?

• A)It is ignored because computers are considered intermediate goods-an input in the production of other goods and services
• B)It is considered consumption
• C)It is a form of investment spending
• D)It is a form of savings

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Definitions:

Common Goals

Objectives or outcomes that are shared among members of a group, team, or organization, fostering unity and collaboration.

Bureaucracy

An organizational system characterized by standardized procedures, hierarchical structure, and formal rules intended to improve efficiency and accountability.

Career Ladder

A metaphor for the structured and sequential order of advancement or promotion within a company or industry, offering a path of progression from entry-level to higher-level positions.

Hierarchy

A structure where individuals or groups are organized in levels of importance or authority, one above another.