In: Economics
Which one of the following is an example of a financial investment but not an economic investment?
Buying gold to sell later at a higher price |
An addition to a petroleum refinery |
A renovation of a shopping mall |
Building a new store |
option first
Buying gold to sell later at a higher price
The investment in gold can make money in future but it is not making anything new which is calculated as economics investment but the gold investment is the financial investment only.