In economics, capital refers to _____
a. wages earned by workers.
b. dividends and interest earned by investors.
c. the foreign reserves held by governments.
d. machines, buildings, tools, and knowledge.
e. the net worth of firms.
d. machines, buildings, tools, and knowledge.
Economics
You might also like to view...
Which of the following is the correct expression for the approximate expected real interest rate?
A) r = i + B) r = i - C) r = i/ D) r = i
Economics
As the quantity of labor increases, the marginal product of labor
A) is constant. B) increases. C) decreases. D) may either increase or decrease.
Economics