A highly charitable person, such as Mother Theresa, will be influenced by
A) changes in costs, but not benefits.
B) both changes in benefits and costs.
C) changes in benefits, but not costs.
D) neither changes in benefits nor costs.
B) both changes in benefits and costs.
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Which of the following is NOT an investment in human capital?
A) A business student takes a seminar in using a laptop computer. B) A student purchases a laptop computer. C) A computer science student learns how to repair a laptop computer. D) A computer science student takes a course on programming a laptop computer.
The production possibilities curve shows all possible combinations of
A) two goods that are desired by society. B) two goods that can be efficiently produced with a given set of resources. C) two goods that can be purchased given the prices of the goods. D) two goods that two countries can trade with each other.
Law of supply
What will be an ideal response?
In comparison to most developed economies, developing countries:
A. offer about the same degree of currency convertibility. B. offer greater currency convertibility. C. offer more restricted currency convertibility. D. sometimes offer higher levels of currency convertibility and sometimes offer lower levels.