Question 1
A prolonged and deep recession is a
◦ hyperinflation.
◦ slowdown.
◦ contraction.
◦ depression.
Question 2
Which of the following is
not considered capital?
◦ a factory a company builds to produce other output
◦ a tractor produced by John Deere
◦ the knowledge an individual acquires through education
◦ 10,000 U.S. dollars