Question : ____________ refers to the total expenditure incurred by all private firms on capital goods.
Option 1: Private final consumption expenditure.
Option 2: Government final consumption expenditure.
Option 3: Investment expenditure.
Option 4: Net exports
Correct Answer:
Investment expenditure.
Solution :
Investment expenditure refers to the total expenditure incurred by all private firms on capital goods.
Hence, Option C is correct.