Which Statement Is False

question 100

Multiple Choice

Which statement is false?

• A)Investment in plant and equipment fell over 70 percent between 1929 and 1933.
• B)Our economy would grow faster if we shifted resources from capital goods production into consumer goods production.
• C)Because Americans save so little,its rate of capital formation has been lagging.
• D)None is false.

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Definitions:

Owner Control

The extent to which the owners of a business have the power to make decisions and influence the company's operations and strategic direction.

Bonds

Fixed income investments representing loans made by an investor to a borrower, typically corporate or governmental, which pay interest at predetermined intervals.

Notes Payable

A written agreement where the borrower promises to pay back a certain amount of money, under specific terms, to the lender at a future date.

Unamortized Discount

The portion of a bond's issue price that is below its face value and has not yet been amortized over the life of the bond.