Which of the following would not be considered "capital" in economics?
a. A delivery van used by Federal Express

b. $500 in currency.
c. A microprocessor factory
d. In economics, both (a) and (c) are considered capital.

d

Economics

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When disposable income increases,

A) the consumption function shifts downward. B) there is a movement downward along the consumption function, but the consumption function does not shift. C) there is no movement along the consumption function, and the consumption function does not shift. D) the consumption function shifts upward. E) there is a movement upward along the consumption function, but the consumption function does not shift.

Economics

Which transaction represents a debit in the current account section of the U.S. balance of payments?

A. The Arab Capital Investment Corporation makes a loan to a U.S. firm B. A U.S. subsidiary exports raw materials to the Canadian parent company C. U.S. tourists in Great Britain purchase pounds with dollars in order to buy souvenirs D. U.S. firms and individuals receive dividends from their investments in Latin America

Economics