Question

High interest rates are associated with intensive use of this resource according to its namesake “reversing,” which implies reswitching. Central banks cannot have a fixed exchange rate, an independent monetary policy, and free movement of this resource, (10[1])according to the “impossible trinity.” The current account and an account named for this resource make up a country’s balance of payments. The amount of this resource at time t is raised to the power of the output elasticity of this resource in the Solow–Swan model. (-5[1])The Heckscher–Ohlin model predicts that countries abundant in this resource will produce fewer labor-intensive (10[1])goods. (10[1])Knowledge and experience are often classified (10[1])as the “human” (10[1])type (10[1])of this resource. For 10 points, (10[1])name this factor of production (10[1])often paired with land and labor. ■END■ (10[1])

ANSWER: capital [accept capital goods or capital assets; accept capital intensity; accept capital movement; accept capital and financial account; accept capital reversing; accept human capital; prompt on factors of production until read; reject “money” or “currency”]
<Social Science>
= Average correct buzz position

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Buzzes

PlayerTeamOpponentBuzz PositionValue
Lexi TermanRutgers AColumbia B3610
Mark TawfikRutgers BPenn A82-5
Sam MacchiVassarYale A9610
Arjun BothraHaverfordPrinceton B9710
Forrest WeintraubColumbia ACornell C10310
Eshan PantNYU APrinceton A10610
Vincent ZhangPenn BYale C10710
Ashish KumbhardareRowan ANYU B11310
Cyrus HodgsonBard AColumbia C11810
Anirudh BharadwajPenn ARutgers B12510

Summary

2023 ACF Winter @ Columbia11/11/2023Y9100%0%11%100.11