Which of the following is an example of physical capital?
a. the computer a secretary uses
b. rivers on which goods are transported
c. the skills and knowledge of a doctor
d. All of the above are correct.
a
Economics
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The efficient markets hypothesis indicates that investors
A) can use the advice of technical analysts to outperform the market. B) do better on average if they adopt a "buy and hold" strategy. C) let too many unexploited profit opportunities go by if they adopt a "buy and hold" strategy. D) do better if they purchase loaded mutual funds.
Economics
The investment demand curve shows the amount businesses spend for investment goods at different possible:
a. price levels. b. levels of GDP. c. rates of interest. d. levels of taxation.
Economics