The process of building up capital includes
a. acquiring funds from banks and other sources.
b. use of borrowed funds to hire inputs to build factories, warehouses, etc.
c. completion of the investment process by adding machinery and inventory.
d. All of the above are correct.
d
Economics
You might also like to view...
The most common type of discount lending, ________ credit loans, are intended to help healthy banks with short-term liquidity problems that often result from temporary deposit outflows
A) secondary B) primary C) temporary D) seasonal
Economics
If the money supply grows at 5% and real GDP grows at 6%, the quantity theory predicts the inflation rate will be
A) -1%. B) 1%. C) 1.2%. D) 11%.
Economics