When opening a print shop you need to buy printers, computers, furniture, and similar items. Economists call these expenditures
a. capital investment.
b. investment in human capital.
c. business consumption expenditures.
d. personal saving.
a
Economics
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What is a natural monopoly and what problem does natural monopoly pose for regulators?
What will be an ideal response?
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Can real standards of living go up without any positive economic growth?
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Money is each of the following except
A) a medium of exchange. B) a store of value. C) a means by which the central bank can always, and permanently, affect production. D) a unit of account.
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Due to moral hazard, the goal of providing security is likely to conflict with the goal of efficiency.
A. True B. False C. Uncertain
Economics