Which of the following are capital goods? Explain why. C OA. A school teacher because she helps her students increase their productive resources OB. A pack of bubble gum because it can be purchased now and consumed in a future period OC. An interstate highway and a stealth bomber because governments buy and use them in the current period OD. A strawberry field because it is used to produce strawberries E. An interstate highway and a stealth bomber because governments buy these to increase productive resources to use during future periods to produce other goods and services Which of the following are capital goods? OA. A movie because it can be viewed now and in the future OB. A movie because all factors of production that are not labor are capital goods OC. An airplane, a garbage truck, and an ATM because businesses use these to produce other goods and services in the future D. An airplane, a garbage truck, and an ATM because all factors of production that are not labor are capital goods OE. The President of the United States because he encourages Congress to increase productive resources in the entire country

Exploring Economics
8th Edition
ISBN:9781544336329
Author:Robert L. Sexton
Publisher:Robert L. Sexton
Chapter1: The Role And Method Of Economics
Section: Chapter Questions
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Which of the following are capital goods? Explain why.
A. A school teacher because she helps her students increase their productive resources
B. A pack of bubble gum because it can be purchased now and consumed in a future period
OC. An interstate highway and a stealth bomber because governments buy and use them in the current period
OD. A strawberry field because it is used to produce strawberries
E. An interstate highway and a stealth bomber because governments buy these to increase productive resources to use during future periods to produce other goods and services
Which of the following are capital goods?
OA. A movie because it can be viewed now and in the future
OB. A movie because all factors of production that are not labor are capital goods
OC. An airplane, a garbage truck, and an ATM because businesses use these to produce other goods and services in the future
D. An airplane, a garbage truck, and an ATM because all factors of production that are not labor are capital goods
OE. The President of the United States because he encourages Congress to increase productive resources in the entire country
Transcribed Image Text:Which of the following are capital goods? Explain why. A. A school teacher because she helps her students increase their productive resources B. A pack of bubble gum because it can be purchased now and consumed in a future period OC. An interstate highway and a stealth bomber because governments buy and use them in the current period OD. A strawberry field because it is used to produce strawberries E. An interstate highway and a stealth bomber because governments buy these to increase productive resources to use during future periods to produce other goods and services Which of the following are capital goods? OA. A movie because it can be viewed now and in the future OB. A movie because all factors of production that are not labor are capital goods OC. An airplane, a garbage truck, and an ATM because businesses use these to produce other goods and services in the future D. An airplane, a garbage truck, and an ATM because all factors of production that are not labor are capital goods OE. The President of the United States because he encourages Congress to increase productive resources in the entire country
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