In economics, what does capital refer to?
A) the finances necessary for firms to produce their products
B) buildings and machines used in the production process
C) the money households use to purchase necessities
D) the value of stock market shares issued to investors
Correct Answer:
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Q71: In the simple circular-flow diagram, in which
Q72: In the simple circular-flow diagram, in which
Q73: The country of San Pedro produces two
Q74: Figure 2-2 Q75: Suppose an economy produces two goods: clothes Q77: Figure 2-2 Q78: The country of San Pedro produces two Q79: In the simple circular-flow diagram, who owns Q80: What revenue is received by firms from Q81: Figure 2-3 Unlock this Answer For Free Now! View this answer and more for free by performing one of the following actions Scan the QR code to install the App and get 2 free unlocks Unlock quizzes for free by uploading documents
