a) According to an Austrian Economist, what is a capital good? b) Where does it come...

a) According to an Austrian Economist, what is a capital good?

b) Where does it come from?

c) Why is it valued?

d) Describe how capital heterogeneity and multispecificity is distinct from mainstream economics and give at least one reason why it matters.

Expert Solution

Rahul Sunny answered 2 years ago

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a) According to an Austrian Economist, what is a capital good? b) Where does it come...

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