The accumulation of investments in people is called
human capital.
You might also like to view...
Suppose that Dell computers and Gateway computers are very close substitutes. Then the indifference curves between Dell computers and Gateway computers are almost straight lines. Is this analysis correct or incorrect? Explain
What will be an ideal response?
The Grangers were:
a. an organization designed to support the interests of railroads. b. an agrarian society. c. an abolitionist organization. d. a society that petitioned for Prohibition.
When one country buys more from another country than it sells to the country, it is said to be experiencing:
a. economic dualism. b. double counting. c. symmetrical trade. d. internationalization. e. bilateral trade deficit.
The inflation rate in a particular country between 2000 and 2005 was 4.5 percent. This implies that the total cost of purchasing a basket of goods was $450 in 2000 and_____ in 2005
a. $470.25 b. $20.25 c. $407.25 d. $200.45