Capital is a factor of production. Which of the following is an example of capital?
i. $1,000 in money
ii. 100 shares of Microsoft stock
iii. $10,000 in bonds issued by General Motors iv. a drill press in your local machine shop
A) iii only
B) i and ii
C) ii only
D) iv only
E) ii and iii
Correct Answer:
Verified
Q111: The functional distribution of income measures which
Q112: Items bought by individuals to provide personal
Q113: Q114: Which of the following correctly lists the Q115: The richest 20 percent of individuals in Q117: Goods and services are produced by using Q118: Human capital can be increased through Q119: Most of the world's population lives in Q120: Poland is classified as Q121: -------------economies include -------------.
A)decreases in
A)emerging
A)a transition economy.
B)an advanced
A)Developing; China and Poland
B)Developing; Poland
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