Capital, as a factor of production, refers to
A) the tools and instruments used to produce other goods and services.
B) stocks and bonds, but not money.
C) money, stocks, and bonds.
D) the production technology used by firms.
E) the production factors imported from abroad.
A
Economics
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If consumers expected the price of a good to increase in the near future and the price of a complement good decreased at the same time, as a result: a. prices would rise
b. prices would fall. c. larger quantities to be exchanged. d. both prices and quantities exchanged would increase.
Economics
Open market operations directly change the rate of interest at which banks can borrow funds from the Fed
a. True b. False Indicate whether the statement is true or false
Economics