Which of the following does NOT constitute an act of "investment" as economists use the term?
A) A department store increases its inventory of football jerseys before the Super Bowl.
B) A retiree buys 50 shares of stock at $10 a share and then sells the stock at a profit for $20 ashare.
C) The city council authorizes the construction of a new fire station.
D) An accountant attends a seminar on changes in the federal tax code.
Answers (1)
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Which of the following does NOT constitute an act of "investment" as economists use the term? A) A department store increases its inventory ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
Which one of the following is a primary benefit of budgeting? It removes the 'plan ahead' from lower level managers so that they can focus on operations. It eliminates the need for coordination of activities throughout the company.
Answers (1)
On January 1, Truesdale, Inc., purchased a piece of machinery for use in operations. The total acquisition cost was $33,000. The machine has an estimated useful life of 3 years and a salvage value of $3,000.
Answers (1)
Subordinated debentures Group of answer choices are the safest form of corporate bonds. are financial assets held in trust by a third party. have a lower claim on assets than simple debentures. are secured by some physical asset.
Answers (1)
Laura is a student at a state university. In 2018, she received a scholarship of $6,000 for tuition and fees and an assistantship for $3,000. What is the amount that Laura must report in income? a. $9,000. b. $0. c. $3,000. d. $6,000.
Answers (1)
When an employee sees themselves as a member of the team and can easily identify with the organization's mission, what is the result?
Answers (1)
New Questions in Business
When using a periodic inventory method, which account is increased when you buy merchandise inventory?
Answers (1)
The following units of an inventory item were available for sale during the year: Beginning inventory 10 units at $50 First purchase 17 units at $52 Second purchase 27 units at $53 Third purchase 19 units at $55 The firm uses the periodic inventory
Answers (1)
Based on a predicted level of production and sales of 23,800 units, a company anticipates total variable costs of $107,100, fixed costs of $31,800, and operating income of $82,440.
Answers (1)
Formulate and use linear programming to solve the following problem. A firm wants to determine how many units of each of two products (products X and Y) they should produce in order to make the most money.
Answers (1)
Which employees have an impact on the operation and effectiveness of internal controls? upper management. mid-level managers. lower-level employees. all employees?
Answers (1)