Investment

question 166

Multiple Choice

Investment:

• A) is an addition to the capital stock.
• B) refers to the acquisition of new capital goods.
• C) results in a change in the ability of the economy to produce goods and services.
• D) is represented by all of the above.

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Definitions:

F.O.B.

F.O.B. (Free On Board) is a shipping term indicating that the seller bears delivery expenses and risks until the goods reach the specified point, at which the buyer takes over.

Dishwashers

Appliances designed for automatically cleaning dishware, cookware, and cutlery.

Washing Machines

Appliances designed for cleaning laundry by combining water, detergent, and mechanical action.

Party In Breach

The individual or entity that fails to fulfill their contractual obligations, thus violating the agreement.