Which of the Following Is the Best Example of Investment

question 113

Multiple Choice

Which of the following is the best example of investment as defined by economists?

• A) A restaurant owner buys a freezer to store ingredients for the restaurant meals.
• B) A college professor buys a truck to drive around in.
• C) A business manager purchases stock on the New York Stock Exchange.
• D) A worker deposits money into a long-term retirement account.

Understand the impact of tariffs, quotas, and free trade on international trade efficiency.

Analyze the significance of export supply and import demand curves in trade.

Acknowledge the historical and contemporary factors influencing international trade dynamics.

Understand the applications and limitations of the concept of absolute advantage in trade.

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Definitions:

Relative Ages

The determination of the age of one feature, rock, or artifact in relation to another without specifying its exact age in years.

Igneous Rock

Rock formed from the cooling and solidification of magma or lava.

Steep-sided Mountain

A steep-sided mountain is characterized by its sharp, high angles and rugged terrain, often formed by volcanic activity or tectonic movements.

Eroded Away

The process by which earth, rocks, or surface material are worn down and removed by the action of wind, water, or ice.