In economics, "capital" refers to
A) money
B) stocks, bonds, and other financial assets
C) the seat of government
D) machines, buildings, tools, and knowledge
E) net worth (assets minus liabilities)
Correct Answer:
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Q16: Which of the following statements regarding the
Q17: Because people's wants are unlimited but resources
Q18: Scarcity
A)exists because people have wants that are
Q20: Economics
A)studies human behavior when scarcity exists and
Q22: An entrepreneur is a(n)
A)individual who has much
Q23: An entrepreneur
A)always makes a profit
B)generally avoids risky
Q24: Which of the following is an example
Q25: An economist would classify 100 shares of
Q26: Resources are divided into the following broad
Q204: Which of the following is the best
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