The productive skills resulting from previous investments in education and training are called
a. human capital.
b. signals.
c. compensating differentials.
d. nonlabor income.
a. human capital.
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When people determine the quantity of education they will undertake, they ________ the external benefits. As a result, if education were left to an unregulated market, people would undertake too ________ education
A) overvalue; much B) ignore; much C) ignore; little D) overvalue; little
A common response to stop a depreciation of a currency is to use contractionary monetary policy, which could lead to a recession
Indicate whether the statement is true or false
Spending VCU4 on real-world goods and services causes the nation's:
a. Demand for real goods and services to remain the same and monetary base to rise. b. Demand for real goods and services to rise and M2 money supply to fall. c. Demand for real goods and services to remain the same and M2 money multiplier to remain the same. d. Demand for real goods and services to rise and monetary base to remain the same.
If you thought the share price of a stock was going to rise, would you be more likely to buy a call option or a put option?
A) a call option B) a put option C) a call option and a put option D) There is not enough information given to answer this question.