Which of the Following Is Not True

question 17

Multiple Choice

Which of the following is not true?

• A)Adding to the stock of capital goods now requires a sacrifice of future consumption goods.
• B)Adding to the stock of capital goods now requires a sacrifice of present consumption.
• C)Each claim or title to ownership of a capital good is subject to valuation by the market.
• D)Capital goods represent goods that can be used as factor inputs for further production.
• E)Capital goods represents inputs that are themselves outputs of the economy.

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Definitions:

Relative Values

A measure of the worth or importance of one thing in comparison to another, often used in economics to compare the value of different commodities or services.

Barter System

The barter system is a method of exchange where goods or services are traded directly for other goods or services without the use of currency.

Services

Intangible products such as banking, cleaning, and consulting, which are consumed at the time they are produced.

Specialization Of Labor

A process where individuals or groups focus on performing specific tasks or roles to increase efficiency and output.