Which of the following is NOT true about dead capital?
A) Companies will be less likely to want to invest when a country has a lot of dead capital.
B) Dead capital can inhibit economic growth.
C) Dead capital will lead to higher investment returns.
D) Dead capital can lead to a situation where resources are not efficiently employed.
C
Economics
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The cross-price elasticity of demand between Texaco gasoline and Mobil gasoline sold at the same intersection would be
a. positive b. negative c. 0 d. 1.0 e. -1.0
Economics
Firms will only adopt more automated methods of production when
a. they reduce the need for workers. b. they lower production costs. c. they lengthen the production process. d. other firms in the industry are doing it.
Economics