Any capital resource that lacks clear title ownership is
A. human capital.
B. social capital.
C. dead capital.
D. public capital.
Answer: C
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Suppose Barbara looks out in the morning and sees a clear sky so decides that a picnic for lunch is a good idea. Last night the weather forecast included a 100% chance of rain by midday but Barbara did not watch the local news program
Is Barbara's prediction of good weather at lunch time rational? Why or why not?
In 2010, the net national debt was about $9 trillion or approximately $29,000 per person
a. True b. False Indicate whether the statement is true or false
Which of the following is correct? A tax burden
a. falls more heavily on the side of the market that is more elastic. b. falls more heavily on the side of the market that is less elastic. c. falls more heavily on the side of the market that is closest to unit elastic. d. is distributed independently of the relative elasticities of supply and demand.
Which of the following items would be least prudent to purchase on credit
What will be an ideal response?