In economics, physical capital includes

A) money.
B) bank deposits.
C) machinery.
D) shares of company stock.

Answer: C

Economics

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Individuals will increase their saving as

A) the interest rate falls. B) the interest rate increases. C) the rate of unemployment increases. D) business investment falls.

Economics

Which of the following is NOT true about the $3 per pizza tax illustrated in the above figure?

A) It decreases consumer surplus by $90 thousand. B) It decreases producer surplus by $45 thousand. C) It creates a deadweight loss of $135 thousand. D) None of the above because they are all true.

Economics