Which of the following is usually a durable good?
A) A unit of labor
B) The interest rate
C) A depletable resource
D) A capital good
Correct Answer:
Verified
Q113: The one feature of capital that makes
Q114: Capital is defined as
A)a flow of money
Q115: Rock Crushers Limited produces smaller rocks from
Q116: At high levels of interest, borrowers will
Q117: The interest rate is the
A)rate of investment.
B)price
Q119: Discounting allows comparisons of
A)money values and physical
Q120: Which is not true of the interest
Q121: Usury laws carry the potential of hurting
A)borrowers.
B)lenders.
C)borrowers
Q122: If the rate of interest increases, firms
Q123: The quantity of loanable funds demanded
A)is where
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