Education and training of workers would best be categorized as
A) land.
B) labor.
C) physical capital.
D) human capital.
D
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If John's marginal benefit derived from the consumption of another candy bar is greater than the price of the candy bar:
a. John will not purchase any more candy bars. b. John will increase his total satisfaction by purchasing the candy bar. c. the opportunity cost of the candy bar is lower than the price. d. John will decrease his total utility if he purchases the candy bar.
If federal tax rates increased, what would happen to the interest rate on municipal bonds?
High unemployment is socially wasteful. Why?
What will be an ideal response?
Requiring people to opt out of organ donation when getting a driver's license is an example of a(n):
A. information nudge. B. pricing nudge. C. advantageous default option nudge. D. encouragement nudge.