BNAD 301 Exam 3 with Latest Questions and Answers



Which are considered to be capital, as that word is used by economists and in this lecture (mark all that apply)



A.Cash.

B.Machines.

C.Inventory.

D.Inventions.

E.Job training. ANSWER B.Machines.

C.Inventory.

D.Inventions.

E.Job training.



Contrasting the high-income to the low-income nations, the advantage of the high-income nations is greatest for which kind of capital?

A.Human.

B.Physical.

C.Knowledge. ANSWER B.Physical.



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