The Accumulation of Machinery and Buildings Used in the Production

question 456

Multiple Choice

The accumulation of machinery and buildings used in the production of new goods and services is referred to as

• A)production factors.
• B)output factors.
• C)capital.
• D)equity.

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Definitions:

Ideological Argument

A type of argument that is based on a prescribed doctrine or set of beliefs, often political or philosophical.

Hypotheses

Tentative explanations or predictions that can be tested through further investigation and experimentation.

Comparative Reasoning

A method of reasoning by which one compares similarities and differences among objects, concepts, or scenarios.

Notoriously Weak

A description for something known widely and unfavorably for lacking strength, efficiency or quality.