In Economics, Investment Always Refers to

question 203

Multiple Choice

In economics, investment always refers to

• A) the act of buying stocks or bonds.
• B) the creation of capital.
• C) increasing the quantity of labor.
• D) an increase in per capita output.

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Definitions:

Analog Meter

A measuring instrument with a moving pointer that displays readings on a graduated scale, used for measuring physical quantities like voltage or current.

Galvanometers

Instruments used to detect and measure small electric currents by deflection of a pointer in the presence of magnetic fields.

Wattmeter

A meter used to measure true power or watts.

True Power

Generally expressed as watts. Describes the amount of electrical energy converted into some other form.