Which of the Following Fails to Meet the Economist's Definition

question 61

Multiple Choice

Which of the following fails to meet the economist's definition of a capital good?

• A)A factory that produces shoes
• B)Cash on hand
• C)A brand new computer system used by a business
• D)Produced goods used to produce other goods

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Definitions:

Collective Action

The phenomenon of people coming together and pooling their resources, often in the context of movements or initiatives, to achieve common goals.

Well-Integrated Members

Individuals who are fully incorporated into the social, cultural, and economic structures of a society, having both rights and obligations.

Outside Agitators

Individuals who come from outside a community or organization and are believed to cause or stir up conflict or trouble within it.

Nonroutine Collective Action

Unplanned, spontaneous group action that arises in response to an unexpected event, typically outside the norms of societal behavior.