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:

Double Avg

Double Avg presumably refers to calculating the average of some numeric values where the result is expressed as a double data type, which is a floating-point type that has more precision than float.

Compound Assignment

A shorthand operation that combines an assignment with another operation, such as += or *=, to simplify code.

Expression

A combination of variables, operators, and values that evaluates to a single value.