the life cycle theory of savings is used to explain how peop

saplinglearning.com/ibis ng College and Seminary-BA 221 Macroeconomics-Sunmer8 HUBER Activities and Due Dales Homework4 7/14/2018 0600PMa/100 Print CakculatorPeriodic Table Question 1 of 16 Map Sapling Learning Identify which of the tems below are examples of irreversible investments by dragging and dropping them into the bin provided. Examples of Irreversible Investments Building a retail mall in Austin, Texas. Buying Exxon Mobil stock. Constructing a hydroelectric power plant in Flint, Michigan. Treasury bonds. Irreversible investments usually involve high costs and are sensitive to O substitution O opportunity O temporal O marginal O sunk criticism O colateral shocks O time bunching O economic uncertainty O intertemporal substitution Hint O Prevous Check Answer 0 Next ?? Exit

Solution

The examples of irreversible investments are building a retail mall in Austin, Texas and Constructing a hydro-electric powerplant in Flint, Michigan.

Irreversible investments usually involve high sunk costs and are sensitive to economic uncertainty.