Capital, as a Factor of Production, Refers to

question 84

Multiple Choice

Capital, as a factor of production, refers to

• A)the tools and instruments used to produce other goods and services.
• B)the production technology used by firms.
• C)money, stocks, and bonds.
• D)stocks and bonds but not money.
• E)the production factors imported from abroad.

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Definitions:

Active Listening

Fully concentrating on what is being said rather than passively hearing the message of the speaker, involving feedback and engagement.

Free Association

A psychoanalytic process in which the patient says whatever comes to mind without censorship as a way to explore the unconscious.

Cognitive Therapy

A psychological treatment approach that seeks to address maladaptive thinking patterns to alleviate psychological distress and promote adaptive behavior and cognition.

Behavior Can Be Conditioned

The concept that actions can be influenced or learned through associations with outcomes or stimuli, as seen in classical and operant conditioning.