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 121 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

sailorcrescent

  • Member
  • Posts: 334
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

The toxic levels for lithium carbonate are close to the therapeutic levels. Signs of toxicity include fine hand tremor, polyuria, mild thirst, nausea, general discomfort, diarrhea, vomiting, drowsiness, muscular weakness, lack of coordination, ataxia, giddiness, tinnitus, and blurred vision.

Did you know?

Approximately 15–25% of recognized pregnancies end in miscarriage. However, many miscarriages often occur before a woman even knows she is pregnant.

Did you know?

If you could remove all of your skin, it would weigh up to 5 pounds.

Did you know?

In the United States, an estimated 50 million unnecessary antibiotics are prescribed for viral respiratory infections.

Did you know?

Certain rare plants containing cyanide include apricot pits and a type of potato called cassava. Fortunately, only chronic or massive ingestion of any of these plants can lead to serious poisoning.

Cultures Ideal Body Types Cultures Ideal Body Types
For some Americans, religion is an “easy-going, makes-little-difference” matter, as expressed in ... For some Americans, religion is an “easy-going, makes-little-difference” matter, as expressed in ...
There Is a Difference between Natural and Added Sugars There Is a Difference between Natural and Added Sugars
GDP and Capital per Worker, 2009 GDP and Capital per Worker, 2009
Resting Membrane Potential: Voltage Difference Resting Membrane Potential: Voltage Difference
E9-23 Prepare income statements Explain the difference in operating income E9-23 Prepare income statements Explain the difference in operating income
Video: Secondary and tertiary levels of protein structure Animation

For a complete list of videos, visit our video library