What is the difference between tangible and intangible capital?
What will be an ideal response?
Tangible capital is a material thing used to produce future goods and services. Intangible capital is a nonmaterial thing used to produce future goods and services.
Economics
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A decrease in wealth would shift the:
A) aggregate demand curve rightward. B) aggregate demand curve leftward. C) aggregate supply curve rightward. D) aggregate supply curve leftward.
Economics
Since one effect of rent controls is to reduce the supply of available rental properties,rent controls can contribute to the problems of homelessness in cities with rent controls
a. True b. False Indicate whether the statement is true or false
Economics