Question: Back to Assignment Score / 2 Attempts 40. Problems and Applications Q6 Societies choose what share of their resources to devote to consumption and what


Back to Assignment Score / 2 Attempts 40. Problems and Applications Q6 Societies choose what share of their resources to devote to consumption and what share to devote to investment. Some of these decisions involve private spending; others involve government spending. For each form of private spending, indicate whether it represents consumption or investment. Private Spending Consumption Investment Firms buying computers O O People buying food O O Firms buying trash cans O O People buying houses O O People buying clothes O O For each form of government spending, indicate whether it represents consumption or investment. Government Spending Consumption Investment Paying workers to administer government programs O O Building roads O O Buying military equipment O O Building bridges O O
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