hamiltonjustin1234 hamiltonjustin1234

28-06-2024
Business

Answered

What word do economists use to refer to the purchase of goods that will be used in the future to produce more goods and services?

A. Capital
B. Consumption
C. Investment
D. Costs

Answer :

GinnyAnswer GinnyAnswer

28-06-2024

Final answer:

Investment in economics refers to purchasing goods for future production.

Explanation:

Investment is the word economists use to refer to the purchase of goods that will be used in the future to produce more goods and services. It involves buying assets like machinery, factories, and tools to enhance future production capabilities.

Learn more about Investment here:

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