To Macroeconomists,investment Is Mainly the Purchases of Goods and Services

question 43

Multiple Choice

To macroeconomists,investment is mainly the purchases of goods and services

• A) by businesses.
• B) to hold as wealth,such as gold coins or art.
• C) to hold as wealth,such as stocks and bonds.
• D) by the government.
• E) ​b and c

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Definitions:

Arbitrary Numbers

Numbers chosen without any particular reason or pattern, often used in examples or theoretical discussions.

Interval Data

Data measured along a scale, in which each point is placed at a specific distance from a reference point, allowing for meaningful comparisons between data points.

Nominal Data

Data categorized into discrete groups or categories that cannot be ordered or ranked with respect to one another.

Ordinal Data

Ordinal data is a type of categorical data with a set order or scale to the possible values, but without a consistent difference between each value.