In the Language of Economics,which of the Following Would Be

question 25

Multiple Choice

In the language of economics,which of the following would be defined as investment?

• A) The purchase of a U.S.savings bond
• B) The purchase of 100 shares of Ford Motor Company stock
• C) The deposit of $1,000 into a savings account
• D) The purchase of $500 worth of gold
• E) The accumulation of inventories by a firm

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Definitions:

Per Capita

A distribution of property in which each member of a group shares equally.

Predecease

To die before another person, often used in the context of wills and inheritances.

Grandchildren

The children of one's own child, forming the next generation in a family lineage.

Codicil

An addition or supplement that explains, modifies, or revokes a will or part of a will.