In the Third Quarter of 2008, Investment in the U

question 442

Multiple Choice

In the third quarter of 2008, investment in the U.S. totaled $1.4 trillion and in 2007, investment was $1.3 trillion. The change in investment

• A) is a change in autonomous expenditure.
• B) is a change in equilibrium expenditure.
• C) is a change in induced expenditure.
• D) will increase the multiplier.

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Definitions:

Attachment

A legal process in which a court designates property of the defendant to be seized or secured to satisfy a potential judgment.

Enforceable

A description of a legal agreement or contract that can be upheld or compelled by law.

Certificated Security

A security that is represented in physical, paper form rather than in electronic or digital form.

Security Entitlement

A legal right or interest that an individual has in a financial asset that is held by a securities intermediary.