Which resource is the main contributor to economic growth in the United States, Latin America, and South Asia?
A) growth in physical capital
B) growth in human capital
C) growth in labor
D) growth in natural resources
C
You might also like to view...
The price of jet fuel falls. This fall shifts the
A) demand curve for airplane trips rightward. B) demand curve for airplane trips leftward. C) supply curve of airplane trips rightward. D) supply curve of airplane trips leftward.
Firms in perfectly competitive markets who wish to maximize profits ought to produce:
A. where total profit is the greatest. B. at capacity and plan to expand in the long run. C. where marginal revenue equals market price. D. as many units as their scale allows.
Price discrimination may occur in monopoly.
a. true b. false
Refer to the information provided in Figure 17.2 below to answer the question(s) that follow. 
Figure 17.2 Refer to Figure 17.2. Fiona has two job offers when she graduates from college. Fiona views the offers as identical, except for the salary terms. The first offer is at a fixed annual salary of $60,000. The second offer is at a fixed salary of $20,000 plus a possible bonus of $80,000. Fiona believes that she has a 50-50 chance of earning the bonus. If Fiona takes the offer that maximizes her expected utility and she is risk-neutral, then
A. she will take the first offer. B. she will take the second offer. C. she is indifferent between the offers-both yield the same expected utility. D. Indeterminate from the given information-we cannot say what she will do.