Which of the following is an example of capital?
a. Education
b. Natural resources
c. Machinery
d. Training
e. Money
c
You might also like to view...
On a Phillips curve diagram, an increase in the rate of inflation, other things being equal, is represented by a(n):
a. upward movement along the Phillips curve. b. downward movement along the Phillips curve. c. upward shift of the Phillips curve. d. downward shift of the Phillips curve.
The economy achieves full employment when the actual rate of unemployment equals the natural rate of unemployment
Indicate whether the statement is true or false
If the Gross Domestic Product (GDP) in the United States increases, which of the following will probably result?
a. Employment levels will increase. b. Employment levels will remain flat. c. Unemployment rates will increase. d. Wages will increase.
How is a 401(k) plan taxed?
A. A 401(k) plan is not taxed at all. B. 401(k) contributions are taxed when workers make their contributions, and grow tax-free until retirement. C. Contributions to a 401(k) plan are taxed at the time the contribution is made, and again when the money is withdrawn from the account after retirement. D. A 401(k) plan is taxed when workers withdraw money from the account to pay for retirement expenses.