Capital, labor, and land are
A. factors of production.
B. resources.
C. inputs.
D. all of the above
Answer: D
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The real interest rate, business taxes, expected profits and business confidence, and capacity utilization are embedded in the slope of the investment function
Indicate whether the statement is true or false
As the economy nears the end of a recession, which of the following would we most likely see?
A) further decreases in consumer spending B) falling wages relative to output prices C) increased spending on capital goods by firms D) increasing interest rates
Which of the following is correct?
a. Well designed tax cuts can increase investment which fluctuates more than consumption over the business cycle. b. Well designed tax cuts can increase investment but it fluctuates less than consumption over the business cycle. c. Tax cuts have little effect on investment which fluctuate more than consumption over the business cycle. d. Tax cuts have little effect on investment but it fluctuates less than consumption over the business cycle
The law of one price applied to the international marketplace is called:
a. real exchange rates. b. nominal exchange rates. c. arbitrage. d. purchasing-power parity.