Long-Lasting Resources Used to Expand the Production of Goods and Services

question 32

Multiple Choice

Long-lasting resources used to expand the production of goods and services in the future are called

• A) consumables.
• B) capital goods.
• C) consumer durables.
• D) inventories.

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Definitions:

Principles

Foundational rules or laws that guide actions, behavior, or thought processes in various disciplines or aspects of life.

Intuitions

The ability to understand something instinctively, without the need for conscious reasoning.

Morning Morality Effect

This term describes the phenomenon where people's moral awareness and self-control are higher in the morning, and decline over the course of the day.

Virtuous Best

Suggests the highest standard of morality and ethical behavior.