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Purchases of Existing Commodities,such as Gold and Precious Gems,are Considered

question 92

True/False

Purchases of existing commodities,such as gold and precious gems,are considered investment spending by economists.


Definitions:

Instinct

A natural and usually unchangeable behavior pattern in animals triggered by specific signals.

Cognitive

Relating to, being, or involving conscious intellectual activity such as thinking, reasoning, or remembering.

Primary Motives

Fundamental drives or instincts that are necessary for survival, such as hunger, thirst, and the need for warmth.

Need for Food

The Need for Food refers to the basic physiological requirement for nutrition, which drives the behavior of eating to sustain life and energy levels.

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