The term capital, as used in macroeconomics, refers to
A) the sum of investment and government purchases of goods.
B) the plant, equipment, buildings, and inventories of raw materials and semi- finished goods.
C) investment.
D) financial wealth.
Correct Answer:
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Q1: The increase in the capital stock equals
Q2: The total amount of plants, inventories, equipment
Q4: The total amount spent on new capital
A)
Q5: The physical capital in the economy is
Q6: Which of the following items are considered
Q7: At the beginning of the year, Tom's
Q8: If the economy's capital stock increases over
Q9: The term capital, as used in macroeconomics,
Q10: Net investment equals
A) gross investment/depreciation.
B) gross investment
Q11: Gross investment
A) does not include additions to
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