As Economists Use the Word, Investment Refers Only to an Increase

question 191

True/False

As economists use the word, investment refers only to an increase in capital.

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Definitions:

Evolution

The process whereby multiple forms of life are thought to have arisen and diversified from ancient ancestors throughout the geological history of the planet.

Scientists

Individuals engaged in systematic investigation and study to acquire knowledge and understanding through observation, experiment, and theory development in various fields.

Percentage

A mathematical concept representing a number or ratio as a fraction of 100, used to express proportion, allocation, and statistical data.

Theory

A coherent group of tested general propositions, commonly regarded as correct, that can explain phenomena and predict future occurrences.