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 56 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
:D TYSM

kilada

  • Member
  • Posts: 311
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

In 2006, a generic antinausea drug named ondansetron was approved. It is used to stop nausea and vomiting associated with surgery, chemotherapy, and radiation therapy.

Did you know?

In the United States, congenital cytomegalovirus causes one child to become disabled almost every hour. CMV is the leading preventable viral cause of development disability in newborns. These disabilities include hearing or vision loss, and cerebral palsy.

Did you know?

Many medications that are used to treat infertility are injected subcutaneously. This is easy to do using the anterior abdomen as the site of injection but avoiding the area directly around the belly button.

Did you know?

Urine turns bright yellow if larger than normal amounts of certain substances are consumed; one of these substances is asparagus.

Did you know?

Your skin wrinkles if you stay in the bathtub a long time because the outermost layer of skin (which consists of dead keratin) swells when it absorbs water. It is tightly attached to the skin below it, so it compensates for the increased area by wrinkling. This happens to the hands and feet because they have the thickest layer of dead keratin cells.

Difference between chromosomes, chromatids, and chromatins Difference between chromosomes, chromatids, and chromatins
Who Gets Executed? Gender Bias in Capital Punishment Who Gets Executed? Gender Bias in Capital Punishment
As China has embraced its version of capitalism, wealth has grown, as has consumption. Luxury goods ... As China has embraced its version of capitalism, wealth has grown, as has consumption. Luxury goods ...
Difference-Between-Carbohydrates-and-Lipids-infographic Difference-Between-Carbohydrates-and-Lipids-infographic
Sensitivity study for facial difference Sensitivity study for facial difference
Difference of Squares Difference of Squares
Video: Muscle Fatigue and Recovery

For a complete list of videos, visit our video library