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Which of the following is a consumption asset?
A.The S&P 500 index
B.The Canadian dollar
C.Copper
D.IBM stock
A.The S&P 500 index
B.The Canadian dollar
C.Copper
D.IBM stock
Answer: C
A, B, and D are investment assets (held by at least some investors purely for investment purposes). C is a consumption asset.
A, B, and D are investment assets (held by at least some investors purely for investment purposes). C is a consumption asset.
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Flashcard info:
Author: CoboCards-User
Main topic: Finance & Investment
Topic: Derivatives
Published: 27.10.2015