The loss of capital due to the wearing out of machines is known as ________
A) saving
B) investment
C) consumption
D) depreciation
D
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Differences in the stock of physical capital between nations are an example of a(n):
A) implicit cause of prosperity. B) proximate cause of prosperity. C) fundamental cause of prosperity. D) explicit cause of prosperity.
To calculate the unemployment rate, which of the following are necessary pieces of information?
I. the number of unemployed persons II. the population III. the number of people in the labor force IV. the working age population A) I, II III and IV B) I and II C) I and III D) I and IV
Can frictional unemployment ever be totally eliminated? Explain your answer
What will be an ideal response?
A major challenge faced by Western Union in transferring money between the United States and Mexico is that Mexican citizens trust the banks but do not trust Western Union due to its reliance on global banks.
a. true b. false