Which of the following would NOT be described as “capital” by economists? Question 57 options: a) stocks and bonds b) a farmer buys a new tractor c) a doctor’s office buys a new X-ray machine d) Ford buys a new machine to aid in the production of cars

Which of the following would NOT be described as “capital” by economists? Question 57 options: a) stocks and bonds b) a farmer buys a new tractor c) a doctor’s office buys a new X-ray machine d) Ford buys a new machine to aid in the production of cars

Microeconomics: Private and Public Choice (MindTap Course List)

16th Edition

ISBN:9781305506893

Author:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson

Publisher:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson

Chapter14: Investment, The Capital Market, And The Wealth Of Nations

Section: Chapter Questions

Problem 2CQ

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Question

Question 57

Which of the following would NOT be described as “capital” by economists?

Question 57 options:

a)	stocks and bonds

b)	a farmer buys a new tractor

c)	a doctor’s office buys a new X-ray machine

d)	Ford buys a new machine to aid in the production of cars

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