The key dimension of deepening human capital in the U.S. economy focuses more on a higher average level of work experience than on additional education and training
a. True
b. False
Indicate whether the statement is true or false
False
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Which of the following is an example of an investment in physical capital?
A. A firm pays for workers to take college classes. B. A chemical firm employs chemists to develop new chemicals. C. A firm trains workers to operate new machinery. D. A firm purchases new equipment for a manufacturing process.
Why does quantity demanded decrease when price increases?
a. People choose to reduce consumption of the item. b. People "drop out" of the market for the item. c. People find substitutes for the item. d. All of the above are correct.
That the migration of black middle and working class families from the ghettos removed the key social constraint against crime is a central thesis of
A. William Julius Wilson. B. Charles Murray. C. Mickey Kaus. D. Frances Fox Piven.
The ratio of money created by the lending activities of the banking system to the money created by the government's central bank is called the:
A. reserve ratio. B. money multiplier. C. demand deposits. D. federal funds.