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In November 2008, automobile executives from Ford, GM and Chrysler testified to Congress that their ...

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In November 2008, automobile executives from Ford, GM and Chrysler testified to Congress that their ...

In November 2008, automobile executives from Ford, GM and Chrysler testified to Congress that their firms needed a $25 billion bailout to prevent bankruptcies. The executives stated that part of the cash would be used to re-design production lines. The $25 billion is ________ and the re-designed production lines are ________.
A) financial capital; physical capital
B) gross investment; physical capital
C) physical capital; financial capital
D) net investment; gross investment

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Macroeconomics

Edition: 12^th

Author: Parkin

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