Classify the type of expenditure in the following transactions. Tuition paid by your parents is _______. A new office building is _______. A. consumption expenditure; consumption expenditure B. investment; investment C. government expenditure; investment D. consumption expenditure; investment

Classify the type of expenditure in the following transactions. Tuition paid by your parents is _. A new office building is _. A. consumption expenditure; consumption expenditure B. investment; investment C. government expenditure; investment D. consumption expenditure; investment

Economics:

10th Edition

ISBN:9781285859460

Author:BOYES, William

Publisher:BOYES, William

Chapter4: The Aggregate Economy

Section: Chapter Questions

Problem 6E

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Question

Classify the type of expenditure in the following transactions.

Tuition paid by your parents

_______.

A new office building

is _______.

consumption expenditure; consumption expenditure

investment; investment

government expenditure; investment

consumption expenditure; investment

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