Computer programs or software are an example of:
a. land. b. labor.
c. capital. d. none of these.
c
You might also like to view...
The Board of Governors of the Federal Reserve System has
A) 12 members appointed by the president of the United States. B) seven members appointed by the president of the United States. C) seven members appointed to life terms. D) seven members elected by the public. E) 12 members elected by the public.
Exhibit 8-15 Short-run cost curves for E-Z Care lawn mowing company
In Exhibit 8-15, what market price would cause E-Z-Care to just break even?
A. $6 per lawn. B. $8 per lawn. C. $12 per lawn. D. $16 per lawn.
Exchange-rate stability is likely to be a more important goal for the central banks of:
A. countries where exports and imports make up a small total of all economic activity. B. the U.S. and Japan than most small developing countries. C. large, closed economies. D. emerging market economies than the central bank of the U.S.
Measuring the impact of a quota or tariff on the U.S. economy is an example of ________. Stating that a quota or tariff should be eliminated is an example of ________
A) statistical analysis; economic analysis B) positive analysis; normative analysis C) econometric analysis; protectionism D) trade analysis; an opinion