All of the following are examples of capital except:
A) the robot used to help produce your car.
B) a computer used by your lecturer to write this exam.
C) the factory that produces the costume jewellery you buy.
D) the inventory of unsold goods at your local hardware store.
E) an uncut diamond that you discover in your backyard.
Correct Answer:
Verified
Q3: Labour, land and capital are called:
A) goods
Q4: Which of the following goods is not
Q5: Scarcity:
A) is a problem only in the
Q6: The finite nature of the economy's resource
Q7: An economics textbook is an example of:
A)
Q9: Which of the following would eliminate scarcity
Q10: Scarcity is a situation:
A) where people's needs
Q11: The three basic categories of resources are
Q12: The creative ability of individuals to combine
Q13: Which of the following is not a
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