Which of the following is NOT considered capital?

A) an assembly line at a General Motors plant
B) a computer used by your instructor for presentations in class
C) stocks and bonds that are sold by Pepsico
D) the furniture in the President's office
E) a nail gun used for building houses

C

Economics

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Explain the basic macroeconomic policy trilemma for open economies

What will be an ideal response?

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The demand curve facing a typical firm in a perfectly competitive market is horizontal

a. True b. False

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