From Society's Viewpoint, a Particular New Investment Project Is Always

question 24

Multiple Choice

From society's viewpoint, a particular new investment project is always worthwhile if:

• A)the cost of borrowing is very low.
• B)the new project is more roundabout than the present method of production.
• C)it will increase real GDP.
• D)it will increase real NDP.
• E)its rate of return is greater than the market rate of interest.

---

Definitions:

Material

Consisting of physical substance; relating to physical matter and objects as opposed to spiritual or intellectual qualities.

Spiritual

Relating to or affecting the human spirit or soul as opposed to material or physical things; often concerns a sense of connection to something greater than oneself.

Ideas of the World

Refers to the various concepts, beliefs, and perspectives that people have about the world and its nature.

Idealism

A philosophical approach that posits reality or reality as experienced is fundamentally mental, mentally constructed, or otherwise immaterial.