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Answer to Question #135396 in Macroeconomics for James
Question #135396
Spending on capital goods is called capital formation or_______________, and this is primarily undertaken by_________________ in the economy.
(a) Investment; households;
(b) Capital accumulation; households;
(c) Investment; firms;
(d) Capital accumulation; firms and households.
(a) Investment; households;
(b) Capital accumulation; households;
(c) Investment; firms;
(d) Capital accumulation; firms and households.
Expert's answer
c
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