Which of the following do economists consider to be capital?

A. a pair of stockings
B. a share of IBM stock
C. a construction crane
D. a savings account

Answer: C

Economics

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The development of money market mutual funds contributed to the growth of ________ since the money market mutual funds need to hold liquid, high-quality, short-terms assets

A) the commercial paper market B) the municipal bond market C) the corporate bond market D) the junk bond market

Economics

If banks cannot lend all of their excess reserves,

a. the potential money multiplier increases b. the actual money multiplier decreases c. the potential money multiplier decreases d. the amount of loans by the bank increases e. demand deposits decrease

Economics