Macroeconomics (Fourth Edition)
4th Edition
ISBN: 9780393603767
Author: Charles I. Jones
Publisher: W. W. Norton & Company
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Question
Chapter 6, Problem 1RQ
To determine
Differentiate between idea and objects.
Expert Solution & Answer
Explanation of Solution
There are many differences between idea and object. That is, idea is what a person feels or thinks in his mind, which turns into an action. Suppose, when a person reads a novel, he can imagine the story in his mind; this implies the idea about the story in his mind. On the other hand, if one thinks about a story in his mind and pours it in to a novel, here, his idea turns in to an action. Here, it can be understood that the idea is what that is turned into an action. Also, the book he uses to pour his idea is the objective, which means that an idea will create an object or use objects for innovation.
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Macroeconomics (Fourth Edition)
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