This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: What is the difference between capital goods and consumer goods? What will be an ideal ... (Read 113 times)

KimWrice

  • Hero Member
  • *****
  • Posts: 579
on: Jun 29, 2018
What is the difference between capital goods and consumer goods?
 
  What will be an ideal response?

Question 2

Suppose the economy is at full employment and firms become more optimistic about the future profitability of new investment. Which of the following will happen in the short run?
 
  A) Unemployment will decline.
  B) The aggregate demand curve will shift to the left.
  C) Output will decline.
  D) Prices will decline.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

spencer.martell

  • Sr. Member
  • ****
  • Posts: 342
Reply #1 on: Jun 29, 2018
Answer to Question 1

Capital goods are goods that will be used to produce other goods in the future. Consumer goods are goods that are used for current consumption.

Answer to Question 2

A


KimWrice

  • Member
  • Posts: 579
Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it

tranoy

  • Member
  • Posts: 344
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

Egg cells are about the size of a grain of sand. They are formed inside of a female's ovaries before she is even born.

Did you know?

Everyone has one nostril that is larger than the other.

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?

Illicit drug use costs the United States approximately $181 billion every year.

Did you know?

Green tea is able to stop the scent of garlic or onion from causing bad breath.

Natural Capital Natural Capital
The difference between a human and an ape. The difference between a human and an ape.
A typical open-end wrench. Note the size difference on each end and that the head is angled 15 ... A typical open-end wrench. Note the size difference on each end and that the head is angled 15 ...
Shippers Declaration for Dangerous Goods Shippers Declaration for Dangerous Goods
There Is a Difference between Natural and Added Sugars There Is a Difference between Natural and Added Sugars
If CP for an ideal gas is 35.4 J/molK, which of the following is CV for this gas? If CP for an ideal gas is 35.4 J/molK, which of the following is CV for this gas?
Video: Hydrogen bonds vs. Ionic bond

For a complete list of videos, visit our video library