Capital goods, like factories and machinery, are classified as ...

[tuffie]

Capital goods, like factories and machinery, are classified as intermediate goods.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

The pre-Keynesian or classical economic theory predicted that in the long-run the economy would experience:
 a. long periods of high unemployment.
  b. rising rates of inflation.
  c. only temporary periods of high unemployment.
  d. idle factors of production.

[whitcassie]

Answer to Question 1

False

Answer to Question 2

c

[tuffie]

Excellent

[emsimon14]

Thanks for the timely response, appreciate it