Which of the following is NOT an investment in human capital?
A) A business student takes a seminar in using a laptop computer.
B) A student purchases a laptop computer.
C) A computer science student learns how to repair a laptop computer.
D) A computer science student takes a course on programming a laptop computer.
B
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In our consumption function, when disposable income is zero, consumption is
A) a. B) -cT. C) cT. D) -a.
The monopsonistic employer hires more workers until marginal:
a. physical product is zero. b. revenue product equals marginal factor cost. c. revenue product equals the wage. d. physical product equals the wage. e. physical product equals marginal factor cost
The table above gives the demand schedule for lattes at the Bottomless Cu
A) 90 B) 30 C) 80 D) 60 E) 230
An increase in real GDP
A) increases the buying and selling of goods and decreases the demand for money as a medium of exchange. B) decreases the buying and selling of goods and decreases the demand for money as a medium of exchange. C) decreases the buying and selling of goods and increases the demand for money as a medium of exchange. D) increases the buying and selling of goods and increases the demand for money as a medium of exchange.