Factories and machines are examples of:
A. capital goods.
B. consumption goods.
C. non-market goods.
D. value-added goods.
Answer: A
Economics
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Thomas Malthus's predictions did not come to pass because he implicitly assumed that there would be no technological advances and did not foresee that agricultural land was not completely fixed in quantity or quality
a. True b. False Indicate whether the statement is true or false
Economics
"A firm should continue to hire more workers as long as wages are low." Do you agree or disagree? Why?
What will be an ideal response?
Economics