A university requires that all entering first-year students learn how to use word processing and spreadsheet software. This is an investment in what type of capital?
A. human
B. tangible
C. financial
D. productive
Answer: A
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Look at the above figure. Suppose the economy was initially in equilibrium at point A. What point would represent the short-run equilibrium if the Fed makes an open market purchase of bonds?
A) A B) B C) C D) D
In the above figure, if the quantity is equal to 2,500,000 units, the deadweight loss is equal to
A) area B + area F. B) area D + area I. C) area C. D) area G + area H. E) None of the above answers is correct because the deadweight loss is equal to zero.
Which of the following will lead to a decrease in the firm's short-run demand for labor?
A) an increase in the price of the final product B) an increase in price of the final product's substitute good C) a decline in labor productivity D) an increase in the number of buyers for the final product
Citizens in India buy music from the U.S. To do so they use Indian rupees to purchase U.S. dollars. If U.S. citizens hold these rupees rather than spending them, what happens to U.S. net exports and U.S. net capital outflows?
a. both U.S. net exports and U.S. net capital outflow rise b. both U.S. net exports and U.S. net capital outflow fall c. U.S. net exports rise and U.S. net capital outflow fall d. U.S. net exports fall and U.S. net capital outflow rise