Multiple Choice
Which of the following is an example of a capital good?
A) an artificial Christmas tree used by a family year after year
B) a sweater worn by a sixth grade student
C) electricity used by a household to heat a swimming pool
D) a pencil used by a shopper making out a grocery list
E) a shovel used by a construction worker
Correct Answer:
Verified
Correct Answer:
Verified
Q109: Human capital can be increased by more<br>A)
Q110: A country should always specialize in the
Q111: Exhibit B-1 below shows the quantity of
Q112: Capital is a good used in the
Q113: The quantity of one good that is
Q115: Which of the following describes the vicious
Q116: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB10702/.jpg" alt=" -In Exhibit B-17,
Q117: Any point inside a production possibilities curve
Q118: When technological progress occurs, the production possibilities
Q119: The production possibilities curve shows the different