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Studies of the Major Developed Countries Show That When Businesses

question 137

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Studies of the major developed countries show that when businesses go looking for funds to finance their activities they usually obtain these funds from


Definitions:

Production Possibilities Curve

A graphical representation that shows the maximum amount of two goods that can be produced with available resources and technology.

Negative Slope

indicates a relationship in a graph where as one variable increases, the other variable decreases, showing an inverse correlation.

Production Possibilities

The various combinations of goods and services that can be produced within an economy when all resources are fully utilized.

Capital Goods

Long-term assets used by businesses to produce goods and services, such as machinery and buildings.

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