The council of economic advisors to the president of a country reported gross investment expenditure at $400,000 during a particular year. the group excluded from this valuation an amount of $50,000 spent by an existing domestic firm during the year. mark, an economist, argued that this amount should have been included under the business fixed investment component of gdp. which of the following, if true, would support mark's argument? a. the firm exported products worth $50,000 to a neighboring country. b.the firm transferred machinery worth $50,000 from one of its closed facilities to one in operation. c.the firm sold off its existing machinery worth $50,000 and invested the proceeds in buying raw materials for production. d.the firm stalled production temporarily to lower the value of its inventory stock by $50,000.e. the firm purchased new machinery worth $50,000 for its production facility during that year.

no u can still get a job there u just have to be determined.

1   all nations face the problem of scarcity because there are limited resources and unlimited wants. nations do not have enough factors of production to produce everything that their population wants. entrepreneurial resources initiate businesses to make new goods and services; labor resources produce goods and services.

2 there are four factors of production: natural resources, labor resources, capital resources, and entrepreneurial resources. natural resources are raw materials from nature that are used to produce goods. trees, water, and grains are natural resources. some natural resources, such as wheat and cattle, are renewable

3 wants

things that you do not need to have in order to survive, but would like to have

needs

things that you must have in order to survive

goods

physical products

services

tasks that a business perform for customers

resources

items that people can use to make or obtain what they need or want

determine

to settle or decide by choice of alternatives or possiblities

4 i really dont know

answer///video, because samuel can show his work in real time and be better understood;