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 192 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
Excellent


ultraflyy23

  • Member
  • Posts: 312
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

Did you know?

More than 30% of American adults, and about 12% of children utilize health care approaches that were developed outside of conventional medicine.

Did you know?

Street names for barbiturates include reds, red devils, yellow jackets, blue heavens, Christmas trees, and rainbows. They are commonly referred to as downers.

Did you know?

Despite claims by manufacturers, the supplement known as Ginkgo biloba was shown in a study of more than 3,000 participants to be ineffective in reducing development of dementia and Alzheimer’s disease in older people.

Did you know?

In 1844, Charles Goodyear obtained the first patent for a rubber condom.

Did you know?

If you use artificial sweeteners, such as cyclamates, your eyes may be more sensitive to light. Other factors that will make your eyes more sensitive to light include use of antibiotics, oral contraceptives, hypertension medications, diuretics, and antidiabetic medications.

For a complete list of videos, visit our video library