Which of the following do economists consider to be capital?
A) a pair of stockings
B) a construction crane
C) a savings account
D) a share of IBM stock
Correct Answer:
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Q69: Which of the following is a labor
Q70: Which of the following is a land
Q72: The main function of the entrepreneur is
Q73: Which of the following will not produce
Q75: Which of the following lists includes only
Q76: The four factors of production are
A)land, labor,
Q77: The process of producing and accumulating capital
Q78: A production possibilities curve illustrates
A)scarcity.
B)market prices.
C)consumer preferences.
D)the
Q79: Money is not an economic resource because
A)money,
Q80: The budget line shows
A) the amount of
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