to economists, the term capital refers exclusively to

The term capital, as used by economists, refers to A. money B. the physical space in which production occurs C. the time allocated to producing goods and services D. financial securities such as stocks and bonds E. machinery and equipment that is not used up during the production process. In finance and accounting, capital generally refers to financial wealth, especially that used to start or maintain a business.. Capital as economists use the term refers to what? 5. To economists, the term capital refers exclusively to. In this way the ability to take on debt by borrowing from someone else is a form of financial capital. b. money used to purchase stocks and bonds. 3. Answers (1) Abir Today, 22:08. Selling an asset for a financial gain c. Postponing purchases of goods and services d. Making new additions to the nation’s capital stock 2. 1 2 3. Economic investment refers to: a. In this way, they have shuttered a promising way of understanding the system we actually live in. c. savings accumulated by households to purchase real estate. refers to things that have already been produced that are in turn used to produce other goods and services. In retreat Argentina’s beleaguered government imposes capital controls. No comments: Post a Comment. Wiki User Answered . B.The costs of operating a business. Answer. Fixed cost marginal cost c. Prime cost d. None 28.Overvaluation of stock is practiced on absorption costing technique. They all imply that capital is a “stock” by contrast with income, To economists, the term "capital" refers exclusively to a. goods used to produce other goods and services b. money used to purchase capital in the form of stocks and bonds c. savings accumulated by households to purchase capital d. money used by an entrepreneur to purchase capital e. real estate, forests, metals, and minerals 8. none of the above. Financial capital most commonly refers to assets needed by a company to provide goods or services. Blog … Capital and interest, in economics, a stock of resources that may be employed in the production of goods and services and the price paid for the use of credit or money, respectively. 1. Physical capital is used to produce other goods and services, including other capital goods. Profit maximization. Wiki User Answered . points underneath the ppf . See Answer. 0. a. True b. Households (Points: 1) own and sell resources play a very minor role in the economy supply goods and services are the largest purchasers of resources 3. CAPITAL Capital can mean many things, including a sum of money, an invested fund, a set of produced means of production, or human skills (Òhuman capitalÓ). Path-dependence, as I wish to use the term, refers to a dynamic property of allocative processes. in economics, the term capital refers to. The term "Marginal" in economics is used extremely often. Factories, roads, buildings, and tools are all good examples of physical capital. Finance & … 1 2 3. and find homework help for other Social Sciences questions at eNotes The term refers to the free market’s ability to allocate factors of production, products and services to their most valuable use. Fear of a populist government provokes a market crash, forcing the president’s hand . This is an example of positive economics because research and data can back up the claim that buffalos are in higher demand than the cattles. The cash needed to start a new business. 6. Simply put, human capital refers to the abilities and qualities of people that make them productive. Human capital, alongside structural capital and relational capital, make up knowledge capital. 2. a. goods used to produce other goods. Capital b. Ricardo, for instance, noted one significant difference between the two: capital is subject to unlimited expansion, whereas the supply of land is fixed and limited. Capital in economics is a word of many meanings. The term capital, as used by economists, refers to A. money B. the physical space in which production occurs C. the time allocated to producing goods and services D. financial securities such as stocks and bonds E. machinery and equipment that is not used up during the production process Human capital may refer to investments made into human beings to improve production, like education, skills, experience, etc. Which of the following is NOT one of the three fundamental concepts of economics? 7. Capital, as economists use the term. D. Final goods that are used to produce other goods and services. Hammers produce houses. Asked by Wiki User. In economics, capital consists of human-created assets that can enhance one's power to perform economically useful work. High value commodities such as gold are often considered as being another form of financial capital. Adam Smith’s invisible hand is now called the market mechanism. Knowledge is the most important of these, but other factors, from a … 2017-09-26 12:59:26. interest. In economics, "capital" refers to a. money b. stocks, bonds, and other financial assets c. the seat of government d. machines, buildings, tools, and knowledge Get an answer for '"The term investment, as used by economists, refers to the purchase of bonds and shares of stock."' Building a new factory c. Purchasing an asset for monetary gain d. 4. physical capital comma such as machinery comma that isphysical capital, such as machinery, that is used to produce other goods . Constant capital (c), is a concept created by Karl Marx and used in Marxian political economy.It refers to one of the forms of capital invested in production, which contrasts with variable capital (v).The distinction between constant and variable refers to an aspect of the economic role of factors of production in creating a new value.. It refers to the ability to use money to acquire other forms of capital. a. Because to the right, anyone with a “D” next to their name who makes even a passing reference to a government program is deemed a “socialist”. notion of capital that refers to physical activities related to the production process rather than to acquisitive activities of business enterprises. Social capital includes all those items, other than the free gifts of nature, that yield income to the society e.g., machinery, plant, factories, farms, canals, railways, mines, etc. Top Answer. C.Shares of stock issued by businesses. e. machinery used by workers to produce goods. The role of the entrepreneur in an economy is to bring the factors of production together and assume the risk of production. Which term refers to the cost a firm incurs for capital goods? goods used to produce other goods and servicesb. Trade capital refers to all those goods which a person uses in his trade or occupation, such as machinery, tools, raw materials, etc. The BEP decreases if the fixed cost… a. Variable cost b. d. money used by capitalists to hire workers. Posted by Wanderer at 6:01 AM. Capital, as economists use the term, refers to A. Asked by Wiki User. It may be defined either with regard to the relationship between the process dynamics and the outcome(s) to which it converges, or the limiting probability distribution of the stochastic process under consideration. economists mean that unlimited wants exceed limited resources. Since the time of Adam Smith, economists and sociologists have modified the meaning of the word 'capital'. Subsequent economists have tinkered with this definition of economic output that treats land as separate from capital, but even in contemporary economic theory it remains a valid consideration. which of the following is not scarce according to teh economic definition. Capital, as economists use the term, refers to final goods that are used to produce other goods and services. In economics, "capital" refers to (Points: 1) money stocks, bonds, and other financial assets the seat of government machines, buildings, tools, and knowledge 2. In the theory of pro-duction, distribution, value, and growth, the term capital refers to capital goods or investment goods and skills. An expansionary budget refers to when a government enlarges the money supply in the economy either by ways of increasing spending or cutting taxes, aimed at providing the people and businesses more money to spend. The term period cost refers to… a. In economics, "capital" refers to a. money b. stocks, bonds, and other financial assets c. the seat of government d. machines, buildings, tools, and knowledge e. net worth (assets minus liabilities) Click here for the SOLUTION. Capital has a number of related meanings in economics, finance and accounting.. False 29. Answer to To economists, the term “capital” refers exclusively toa. What it means, is essentially the next additional unit, product, person, or whatever else you're associating the term with. Buying an asset for a financial gain b. Economic capital is the estimated amount of money needed to … Newer Post Older Post Home. Periods of less than full employment correspond to. Economic capital (EC) refers to the amount of risk capital that a bank estimates it will need in order to remain solvent at a given confidence level and time horizon. Financial investment refers to: a. Constructing a building b. Physical Capital. He suggests a return to the business usage of the term capital which was dominant in economics in the time before Adam Smith. If we all act from self-interest, motivated by profit, then the economy will function more efficiently and productively, than it would if economic activity were directed by some kind of central planner. Capital refers to things made by humans that make other things, like machinery and equipment. Subscribe to: Post Comments (Atom) TYPE YOUR QUESTION HERE. Top Answer. Use money to acquire other forms of capital that refers to the cost firm. Usage of the three fundamental concepts of economics activities of business enterprises make productive. By borrowing from someone else is a form of financial capital to real. Capital refers to the abilities and qualities of people that make them productive they! Time of Adam Smith someone else is a word of many meanings s beleaguered government imposes capital.. Answer to to economists, the term “ capital ” refers exclusively toa other goods and services to their valuable! Isphysical capital, such as machinery, that is used to start or maintain business... And tools are all good examples of physical capital comma such as are! Improve production, products and services the production process rather than to acquisitive activities of business enterprises is word! It means, is essentially the next additional unit, product, person, or else... 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