Which Invention Was Created by James Hargreaves

question 6

Multiple Choice

Which invention was created by James Hargreaves?

• A) the spinning jenny
• B) the flying shuttle
• C) the water frame
• D) the steam engine

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Definitions:

Planned Investment

Expenditures that businesses intend to make for the purposes of capital improvements, equipment, or inventory.

Imports

Goods and services purchased from foreign producers by a country’s residents.

U.S. Income

This term describes the total national income earned by residents and businesses within the United States, comprising wages, rents, interest, and profits.

Aggregate Expenditure Line

A curve or line that depicts the total spending (consumption, investment, government spending, and net exports) in the economy at different levels of income.