Human capital includes the machinery, equipment, and other manufactured creations used to produce goods and services
a. True
b. False
Indicate whether the statement is true or false
False
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Scarcity is only a temporary problem that a society can solve by promoting economic growth.
Answer the following statement true (T) or false (F)
Elaborate on the statement "Every multiple regression analysis is influenced by the sample of the data used."
What will be an ideal response?
Exceptions to the prohibition against cartels exist for which of the following?
a. ocean shipping rates b. various agricultural products such as milk and oranges c. transoceanic airline routes d. cardboard box manufacturers e. a through c f. a through d
Assume that autonomous expenditures in an economy decreased by $10 billion. What is the change in aggregate demand at a given price level if the MPC is 0.5?
a. increase by $50 billion b. increase by $10 billion c. decrease by $20 billion d. decrease by $10 billion