144. Capital goods are: A) financial assets. B) natural resources. C) goods used

Question

144. Capital goods are:
A) financial assets.
B) natural resources.
C) goods used to produce other goods or services.
D) described by none of the above.

145. The production of capital goods:
A) generally requires that consumption goods be sacrificed in that period.
B) means less employment for labor now and in the future.
C) decrease a nation's ability to produce goods and services in the future.
D) are described by all of the above.

148. An addition to the capital stock is:
A) net present value.
B) dissaving.
C) saving.
D) investment.


150. Interest rates on mortgages are usually ________ the interest rates on credit cards.
A) higher than
B) lower than
C) about the same as
D) the same as

Explanation / Answer

C) goods used to produce other goods or services. D) are described by all of the above. C) saving. B) lower than

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