Which of the Following Would Not Be Included in the Expenditure

question 91

Multiple Choice

Which of the following would not be included in the expenditure category called investment expenditures?

• A)spending on new houses
• B)a purchase of shares of preferred stock
• C)a purchase of a copy machine by FedEx Office
• D)the cars held in inventory on a local Ford dealer's lot

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Definitions:

Self-Made Men

Individuals who achieve success or wealth through their own efforts rather than by inheritance or privilege.

Shays's Rebellion

An armed uprising in 1786-1787 by American farmers against state and local enforcement of tax collections and judgments for debt.

Iroquois League

A historically powerful and influential confederation of six Native American tribes in the northeastern United States, also known as the Haudenosaunee or Six Nations.