In Economics, Capital Is Defined as

question 108

Multiple Choice

In economics, capital is defined as

• A)natural resources, such as water, oil, and iron ore
• B)the natural, unskilled abilities of people
• C)human creations used in the production process
• D)money and other financial assets
• E)the willingness of business owners to take risks

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Definitions:

Research Hypothesis

A statement predicting a significant relationship between variables that is tested through research.

Voter Preference

The inclination or favoritism of voters towards particular candidates, parties, or policies in an election.

T Test

A statistical test used to compare the means of two groups to determine if they are significantly different from each other.

Mann-Whitney U Test

is a non-parametric statistical test used to compare differences between two independent groups when the dependent variable is ordinal or continuous but not normally distributed.