Economists use the word 'capital' to mean
A) the funds that firms use to buy and operate their businesses.
B) purchases in the market for stocks and bonds.
C) the workers that firms employ to produce goods and services.
D) the tools,instruments and other produced goods used to produce goods and services.
E) people's skills and talents.
Correct Answer:
Verified
Q3: Net investment equals
A) new capital plus old
Q9: The total amount spent on new capital
Q10: The Allied Mining Company begins this year
Q11: _ increases the quantity of capital,and _
Q12: Financial capital is used to help finance
A)people's
Q13: _ decreases a firm's capital stock, and
Q15: At the beginning of the year, AAA-1
Q17: The distinction between physical and financial capital
Q18: If an economy's depreciation is greater than
Q19: During the year, suppose a country's total
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