In Economics, the Term Investment Refers To

question 35

Multiple Choice

In economics, the term investment refers to:

• A)the cost of employing human capital.
• B)expenditure on expense accounts of employees.
• C)firms' expenditure on salaries and rent.
• D)business spending for acquiring capital goods.
• E)the expenses on the purchase of stocks of a corporation.

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Definitions:

Yen

The official currency of Japan, known internationally by its symbol ¥ and used extensively both domestically and in international finance.

Trade Surplus

A situation where the value of a country's exports exceeds the value of its imports.

Exchange Rate

The value of one currency for the purpose of conversion to another, indicating how much one currency is worth in terms of another.

U.S. Goods

Products and commodities that are produced, manufactured, or grown within the United States.