Which of the following is not an example of a capital input?
A. ?A person's skills and abilities, which can be employed to produce valuable goods and services.
B. ?Factories and offices where goods and services are produced.
C. ?Tools and equipment.
D. ?Computers used by a company to record inventory, sales, and payroll. ?
Answer: A
Economics
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For this reason, the multiplier effects of changes in taxes and transfer payments are smaller than the multiplier impacts of government spending.
What will be an ideal response?
Economics
Which of the following is not part of U.S. GDP?
a. the value of a Toyota imported from Japan b. the value of a Ford Mustang produced in the United States and sold in Canada c. the salary of the governor of Minnesota d. the value of a Rhode Island attorney's services
Economics