Question on: JAMB Economics - 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
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Correct Option: C
In macroeconomics, the term 'investment' refers to the total amount of capital goods in a country. Capital goods are assets used in the production of goods and services, such as machinery, factories, and infrastructure.
It does not specifically refer to immediate consumption or profits, nor is it solely about the total amount of money invested in bonds and stocks.
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