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Author Question: The distinction between physical and financial capital is that A) physical capital is equal to ... (Read 101 times)

luvbio

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on: Jun 29, 2018
The distinction between physical and financial capital is that
 
  A) physical capital is equal to financial capital minus depreciation.
  B) financial capital depreciates and physical capital does not.
  C) the value of financial capital depends on the amount of available physical capital.
  D) physical capital is equal to financial capital plus depreciation.
  E) financial capital is used to purchase and operate physical capital.

Question 2

A demand-pull inflation consists of ________ shifts in the AD curve and ________ shifts in the AS curve.
 
  A) right; no
  B) leftward; leftward
  C) leftward; rightward
  D) rightward; leftward
  E) rightward; rightward


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pocatato

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Reply #1 on: Jun 29, 2018
Answer to Question 1

E

Answer to Question 2

D


luvbio

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Reply #2 on: Jun 29, 2018
Thank you :)


pocatato

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Reply #3 on: Jun 29, 2018
Happy to help you


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