Oil found underground in Texas is an example of:
a. labor.
b. land or a natural resource.
c. an entrepreneur.
d. human capital.
e. capital resource.
b
Economics
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Which of the following affects the magnitude of the multiplier?
i. marginal propensity to consume ii. marginal propensity to invest iii. marginal tax rate A) i only B) ii only C) iii only D) i and iii E) i, ii, and iii
Economics
Which of the following is correct? Gross private domestic investment:
a. Includes goods that are produced but not consumed. b. Is always greater than Personal Consumption Expenditures. c. Includes stock and bonds. d. All of the above are correct.
Economics