An example of a government policy to increase human capital formation is:
A. government support for basic research.
B. the provision of publicly-funded education.
C. the construction of an interstate highway system.
D. maintaining a well-functioning legal system.
Answer: B
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When wages are viewed as benefits instead of costs of a project, it is an example of the
A. labor game. B. chain-reaction game. C. double-counting game. D. dating game.
What is the percentage of income received by the lower three quintiles on line K?
The stronger the product differentiation in monopolistic competition, the:
A. Less elastic the demand curve, and production will take place further to the left of minimum average costs B. Less elastic the demand curve, and production will take place further to the right of minimum average costs C. More elastic the demand curve, and production will take place further to the left of minimum average costs D. More elastic the demand curve, and production will take place further to the right of minimum average costs
What two trends was Canada trying to address in negotiating CUSTA?
What will be an ideal response?