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Loraine Loraine
wrote...
Posts: 4563
9 years ago
Capital is a factor of production. Which of the following is an example of capital?
i.   $1,000 in money
ii.   100 shares of Microsoft stock
iii.   $10,000 in bonds issued by General Motors
iv.   a drill press in your local machine shop
A) i and ii
B) ii only
C) iii only
D) iv only
E) ii and iii
Textbook 
Essential Foundations of Economics

Essential Foundations of Economics


Edition: 7th
Authors:
Read 362 times
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Start by doing what's necessary; then do what's possible; and suddenly you are doing the impossible.
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Chimelo46Chimelo46
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Posts: 5641
8 years ago
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8 years ago
Glad to help you, and good luck with your course.
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