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(also called physical capital) are manufactured goods used in production to make consumer goods and other capital goods.
when firms increase their capital equipment without employing more people.
the process that occurs in dry areas and turns productive farmland into non-productive desert as...
the number of units of the currency of one country that gives the holder the same purchasing...
bank notes and coins declared by a government to be acceptable in the payment of all debts.
marginal utility drops with each additional unit of the product consumed.