Societies choose what share of their resources to devote to consumption and what share to devote to
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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.
a. Describe some forms of private spending that represent consumption and some forms that represent investment.
b. Describe some forms of government spending that represent consumption and some forms that represent investment.
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Certainly Lets delve into the forms of private and government spending that represent consumption and investment Forms of Private Spending Consumption Consumer Goods Spending on everyday items such as ...View the full answer
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