This topic contains a solution. Click here to go to the answer

Author Question: Economists use the word capital to mean A) purchases in the market for stocks and bonds. B) the ... (Read 45 times)

roselinechinyere27m

  • Hero Member
  • *****
  • Posts: 557
Economists use the word capital to mean
 
  A) purchases in the market for stocks and bonds.
  B) the tools, instruments, and other produced goods used to produce goods and services.
  C) the workers that firms employ to produce goods and services.
  D) the funds that firms use to buy and operate their businesses.
  E) people's skills and talents.

Question 2

The idea of the multiplier is that a change in ________ expenditure changes real GDP, which then changes ________ expenditure. The change in total expenditure will be larger than the initial change in ________ expenditure.
 
  A) induced; induced; autonomous
  B) induced; autonomous; induced
  C) autonomous; induced; autonomous
  D) induced; autonomous; autonomous
  E) autonomous; induced; induced



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Jane

  • Sr. Member
  • ****
  • Posts: 309
Answer to Question 1

B

Answer to Question 2

C




roselinechinyere27m

  • Member
  • Posts: 557
Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review


Sarahjh

  • Member
  • Posts: 370
Reply 3 on: Yesterday
Excellent

 

Did you know?

As many as 28% of hospitalized patients requiring mechanical ventilators to help them breathe (for more than 48 hours) will develop ventilator-associated pneumonia. Current therapy involves intravenous antibiotics, but new antibiotics that can be inhaled (and more directly treat the infection) are being developed.

Did you know?

To combat osteoporosis, changes in lifestyle and diet are recommended. At-risk patients should include 1,200 to 1,500 mg of calcium daily either via dietary means or with supplements.

Did you know?

Excessive alcohol use costs the country approximately $235 billion every year.

Did you know?

The term pharmacology is derived from the Greek words pharmakon("claim, medicine, poison, or remedy") and logos ("study").

Did you know?

Limit intake of red meat and dairy products made with whole milk. Choose skim milk, low-fat or fat-free dairy products. Limit fried food. Use healthy oils when cooking.

For a complete list of videos, visit our video library