Question 1
Which of the following is an output of production?
◦ a haircut
◦ a U.S. savings bond
◦ a share of Acme Corporation stock
◦ None of these.
Question 2
Which of the following is least likely to be considered a capital input?
◦ a sewing machine
◦ a tractor
◦ a telephone
◦ a ten dollar bill