What Word Do Economists Use to Refer to the Purchase

question 31

Multiple Choice

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

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Definitions:

Reddish Streak

The color mark left by a mineral when it is dragged across an unglazed porcelain plate.

Hematite

An iron oxide mineral that is one of the main ores of iron, recognized by its reddish-brown color.

Magnetite

A naturally occurring magnetic mineral, consisting of iron oxide, often mined as an iron ore.

Perpendicular Directions

This refers to two lines or directions that intersect at a 90-degree angle.