All of the Following,except One,are Determinants of Investment Spending

question 153

Multiple Choice

All of the following,except one,are determinants of investment spending.Which is the exception?

• A)The rate of interest.
• B)The purchase price and operating costs of capital.
• C)The level of wealth-holding in the economy.
• D)The age of capital goods.
• E)Business expectations.

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Definitions:

Upper Class

An elite and largely self-sustaining group who possess most of the country’s wealth; they constitute about 1 percent of the U.S. population.

Caste System

A form of social stratification in which status is determined by one’s family history and background and cannot be changed.

Social Mobility

The movement of individuals or groups within the hierarchical system of social classes.

Apartheid

The system of segregation of racial and ethnic groups that was legal in South Africa between 1948 and 1991.