Government capital consists of

A) money owned by the government.
B) securities owned by the government.
C) the buildings owned by the government in Washington, D.C.
D) long-lived physical assets owned by the government.

D

Economics

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Menu costs help explain

a. sticky-price theory. b. misperceptions theory. c. sticky-wage theory. d. All of the above are correct.

Economics

Answer the following questions true (T) or false (F)

1. Very few businesses, and virtually no nonprofit organizations, hire economists. 2. More chief executive officers of Fortune 500 companies majored in economics than in any other subject. 3. In the market for factors of production, firms earn income by selling goods and services to households.

Economics