Multiple Choice
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:

Verified
Correct Answer:
Verified
Q8: Which statement best describes the way economists
Q9: What would a macroeconomist NOT study?<br>A) the
Q10: What do economists at the Canadian International
Q11: In the simple circular-flow diagram, in which
Q12: Figure 2-6 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB7554/.jpg" alt="Figure 2-6
Q14: Figure 2-5 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB7554/.jpg" alt="Figure 2-5
Q15: What does microeconomics study?<br>A) the behaviour of
Q16: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB7554/.jpg" alt=" -Refer to Table
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Q18: What happens when scientists make good assumptions?<br>A)