Which of the Following Would an Economist Classify as Capital

Economists classify all of the following as physical capital except one. A plumbers wrench d.

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When economists refer to capital they might mean.

. Which is not capital. The willingness of business owners to take risks. 23 Which of the following would an economist classify as capital.

From the perspective of. A a guitar used by a musician C a 50 bill B a post office employee D a corporate bond. Raw Bauxite in a South African mine.

A 20 bill in a firms petty cash drawer b. A a guitar used by a musician C a 50 bill B a post office. Which of the following would an economist classify as capital.

Economic resources are classified into two categories. I Fixed and Circulating Capital. Which one is not capital.

23 Which of the following would an economist classify as capital. View Notes - ECON1 Quiz1 from ECON 1 at Irvine Valley College. What Is An Example Of Capital In Economics.

Economics questions and answers. Which of the following would an economist classify as capital. 1 which of the following would an economist classify as capitalA a 100 travelers checkB a new deposit of natural gasC a government savings bondD a police car2 the discovery of new natural resources will cause A the production possibilities curve to shift up and to the right B the curve to shift back.

The government borrows money from the public RBI and abroad. A police car b. Economists classify all of the following as capital except one.

Human creations used in the production process. 100 shares of Microsoft stock B. This borrowing creates liability and thus is treated as a capital receipt.

Which of the following resources would economists classify as capital. For instance machines tools equipments etc. Added 1272014 114447 AM This answer has.

When people need to make economic choices due. Economics questions and answers. Capital entrepreneurship land labor technology.

Capital is a term used to describe all kinds of machinery tools and equipment as well as all forms of transportation and communication raw materials and so on. In economics capital is defined as a. 100 shares of Microsoft stock.

Money and other financial assets e. These are natural resources land and human-made resources which capital. Which of the following would an economist classify as capital.

Which of the following would an economist classify as a Capital Good. On the other hand the capital which are used for single time ie one-time used capitals are called circulating capital. A capital is defined as all the goods that are made by man and used to further the production of wealth.

Human creations used in the production process d. A worker hired to repair engines. Capital can be classified as under.

A 50 bill E. A 1000 Government Bond A 100000 loan from a bank to start a business A truck a company uses to transport its merchandise The bags a retailer gives customers when they buy merchandise More than one of these options is a correct answer. A government savings bond d.

A hammer used in framing a house. The answer is B a lawyers personal computer. Which of the following would an economist classify as capital.

As resources are scarce _____ people must make choices among alternatives. 100 shares of Microsoft stock. A railroad car e.

Command economy is a central planning board or commission typically used to answer the basic economic questions. The natural unskilled abilities of people c. A lawyers personal computer C.

What categories do economists use to classify economic resources. In economics capital is defined as. Natural resources such as water oil and iron ore b.

A 20 bill in a firms petty cash drawer. A a 50 bill B a corporate bond C a post office employee D a guitar used by a musician. Economists classify all of the following as capital except one.

Capital is the factor of production that enhances the productivity of labor. In economics capital is defined as. Which of the following is an example of capital.

Capital is therefore a man-made resource for production. The building where our economics class meets c. Which one isnot capital.

Fixed capitals are continuously used in the process of production. A 20 bill in a firm s petty cash drawer. Which of the following would an economist classify as capital.

A 20 bill in a firms petty cash drawer. A 100 travelers check c.

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Solved Which Of The Following Would An Economist Classify As Chegg Com