Economists use the word "capital" to mean
A) purchases in the market for stocks and bonds.
B) the tools, instruments, and other produced goods used to produce goods and services.
C) the workers that firms employ to produce goods and services.
D) the funds that firms use to buy and operate their businesses.
E) people's skills and talents.
B
Economics
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The supplier of your ________ is most likely a monopoly
A) shoes B) toothpaste C) textbooks D) home electricity
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The assumption that wages change more slowly than prices provides an argument for the
A) aggregate demand curve having a positive slope. B) aggregate demand curve having a negative slope. C) aggregate supply having a negative slope. D) aggregate supply having a positive slope.
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