The total amount of physical capital available in a country is know as the country's

A) capital stock. B) investment. C) savings. D) labor productivity.

A

Economics

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When one automaker begins offering low cost financing or rebates, others tend to do the same. What two oligopoly models might offer an explanation of this behavior?

What will be an ideal response?

Economics

When government inefficiencies exist and government officials can be bribed, then

A) dead capital will not exist. B) the country will have positive economic growth. C) a bribe will increase the cost of investing in capital. D) property rights will be more secure since an official has been bribed to grant ownership to the business.

Economics