3 years ago

Which description is the best example of physical capital?

1 answer:

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Answer:

Physical capital consists of those man-made materials that help with the process of production and these materials include machinery, inventory, cash, warehouse supplies, vehicles, etc that an industry owns which assist in the production of goods and services.

It is considered one of the three factors of production according to economic theory.

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cricket20 [7]

<span>Jean Piaget viewed intellectual growth in children as a process of adjustment to the world. This happens through thru assimilation, accommodation, and equilibration. For the 18th-month-old Mickey, his reaction (identifying and shouting to zebras as horses) is best demonstrated by Piaget’s concept of assimilation. Assimilation means the use of existing schema or mental model (zebra) to deal with the new object (horse) or situation. </span>

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3 years ago

Suppose the real rate is 1.9%, and the inflation rate is 3.1%. what nominal rate would you expect to see on a treasury bill?

olga nikolaevna [1]

Using the Fisher equation, which shows the exact relationship between nominal interest rates, real interest rates, and inflation is:

The solution would be:

(1 +R) = (1 +r)(1 +h)

R= (1 + .031)(1 + .019) – 1

= (1.031)(1.019) – 1

= 1.050589 – 1

=0.050589 or 5.059%

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