In economics, physical capital includes
A) money.
B) bank deposits.
C) machinery.
D) shares of company stock.
Answer: C
You might also like to view...
The outcome of a prisoners' dilemma game with a Nash equilibrium is that ________
A) both players deny B) one player denies and one player confesses C) both players confess D) there is no equilibrium
A crucial national income accounting identity has (S + T) equal to
A) I + G - NX. B) I + G + F. C) I + NX. D) G + F. E) I + G + NX.
When future events cannot be assigned probabilities, we are talking about
A) risk. B) uncertainty. C) a clouded future. D) financial risk.
Refer to the below graph. In the short run, this monopolistic ally competitive firm will set price at:
The graph depicts a monopolistic ally competitive firm.
A. $55 and produce 45 units of output
B. $65 and produce 35 units of output
C. $50 and produce 35 units of output
D. $52 and produce 50 units of output