An example of capital is:
A) cash.
B) a factory building.
C) money in a checking account.
D) the existing state of technology.
Ans: B) a factory building.
Economics
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The monetary base is defined as
A) bank reserves plus currency held by the nonbank public. B) bank reserves minus vault cash. C) all deposits at the Fed. D) deposits at the Fed plus vault cash.
Economics
A craft union is a union
a. organized on the basis of the workers' industry b. organized on the basis of workers' skills c. organized by an employer d. whose primary goal is to oppose technological advance and to protect the traditional method of working e. organized by workers in the arts and craft industries
Economics