4. (LO 3) Below is a list of economic goods. You are to decide whether each is...

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4. (LO 3) Below is a list of economic goods. You are to decide whether each is a consumer good (C), a capital good

(K), or possibly both (B), depending on the context in which it is used.

a) A pair of socks

b) A golf course

c) A Big Mac hamburger

d) A wheelbarrow

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Principles Of Macroeconomics

ISBN: 9780226818399

8th Edition

Authors: Sayre, J.E.; Morris, A.J.

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