Capital,as economists use the term,refers to
A) The money needed to start a new business.
B) The costs of operating a business.
C) Shares of stock issued by businesses.
D) Final goods that are used to produce other goods and services.
Correct Answer:
Verified
Q8: The role of the entrepreneur in an
Q9: The basic factors of production include
A)Land,labor,money,and capital.
B)Land,labor,money,and
Q10: The fundamental problem of economics is
A)The law
Q10: The opportunity cost of studying for an
Q11: Which of the following is not one
Q14: With respect to factors of production,which of
Q15: Given that resources are scarce,
A)A "free lunch"
Q17: Which of the following is the best
Q17: Which of the following is not a
Q19: Factors of production are
A)Scarce in every society.
B)Scarce
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