Any use of today's resources to expand tomorrow's production or consumption is a(n)
A) durable consumer good.
B) nondurable consumer good.
C) service.
D) investment.

Question

Quizplus · Accepted Answer

Investing involves using resources today to expand production or consumption tomorrow. Therefore, using today's resources to expand tomorrow's production or consumption is an investment. The other choices are incorrect as they do not involve the use of resources to expand production or consumption in the future.

Any Use of Today's Resources to Expand Tomorrow's Production or Consumption