What Do Economists Call the Equipment and Structures Available to Produce

question 173

Multiple Choice

What do economists call the equipment and structures available to produce goods and services?

• A)physical capital
• B)human capital
• C)the production function
• D)technology

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Definitions:

Market Efficiency

A financial market theory suggesting that asset prices fully reflect all available information, making it impossible to consistently achieve higher returns.

Insider Trading

The illegal practice of trading on the stock exchange to one's own advantage through having access to confidential information.

Security Prices

The market value for tradable financial instruments such as stocks, bonds, and derivatives at any given time.

Efficient-Market Hypothesis

The theory that all available information is already reflected in securities prices, therefore making it impossible to consistently achieve higher returns than the overall market.