It is sensible for the government to subsidize worker training and education because some of the benefits from training go to
A. other firms.
B. the worker receiving the training.
C. other governments.
D. all of the above.
A.
other firms.
Your answer is correct.
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Refer to the scenario above. Tom should use ________ to play this game
A) backward induction B) forward induction C) mixed strategies D) his dominated strategy
Relative to life insurance companies, the liabilities of property and casualty insurance companies are
A) longer-term. B) more unpredictable. C) less risky. D) subject to higher taxes.
Inflation measures the increase in the quantity of goods and services produced from each hour of a worker's time
a. True b. False Indicate whether the statement is true or false
The reduction in stock prices will have the most direct effect on which of the following types of wealth?
A) financial wealth B) housing wealth C) human wealth D) none of the above