The term 'investment' in macroeconomics means
ECONOMICS
JAMB 2023
The term 'investment' in macroeconomics means
- A. Profit
- B. Total amount of money invested in bonds and stocks
- C. The total amount of capital goods in the country
- D. The production of goods for immediate consumption
Correct Answer: D. The production of goods for immediate consumption
Explanation
Investment is an activity of spending resources on creating assets that can generate income over a long period of time. It is flow of expenditures developed to projects producing goods which are intended for immediate consumption.
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