Tutor profile: Frank L.
What are the preterite tense endings for -AR verbs?
é, aste, ó, amos, asteis, aron
In terms of economics, what is investment, and what role does it play in determining GDP?
Investment spending is the money put into the purchase of new capital, which are th resources used by a firm to create goods. For example, a company may invest its money to create a new, high tech factory to more efficiently produce its products. Investment is one of th determinants of GDP, so higher investment spending may lead to a higher GDP.
In analyzing a graph depicting budget constraints and indifference curves, which point is the optimal one, that is, the point that will provide the individual with the most utility?
The optimal point is the point in which the indifference curve meets the budget constraint curve, since this will allow for the highest quantity of goods demanded given the limited budget.
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