Capital is a(n) ____ variable and investment is a ____ variable.
A. physical; financial
B. stock; flow
C. asset; liability
D. flow; stock
Answer: B
Economics
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The economic growth model predicts that ________ across countries will converge over time
A) growth rates B) income levels C) GDP per capita D) foreign direct investment rates
Economics
A regulated natural monopoly that must set price equal to average cost will
a. suffer an economic loss b. earn a net economic profit c. earn a normal profit d. earn so little that it will close in the long run e. earn no profits of any kind
Economics