Which of the following would an economist classify as capital?
A) 100 shares of Microsoft stock.
B) $50 bill.
C) credit card.
D) lawyer's personal computer.
Correct Answer:
Verified
Q8: People are forced to make choices because
Q9: Scarcity:
A) exists because resources are unlimited while
Q10: Natural resources are:
A) not considered scarce because
Q11: An entrepreneur is a(n):
A) individual who has
Q12: Which of the following is not an
Q14: The perpetual problem in economics is:
A) our
Q16: The mental and physical capacity of workers
Q17: Human wants:
A) are unfilled only in the
Q18: The finite nature of the economy's resource
Q203: When economists say goods are scarce, they
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