One essential force in the growth of human capital over the past several decades has been
A. the community college system.
B. the growth of Social Security.
C. the growth of Medicare and Medicaid.
D. the reduction in the inflation rate.
Answer: A
You might also like to view...
A firm that can borrow from a bank any amount it wishes up to a certain limit, and at any time up to a certain date, is said to have a
A) repurchase agreement. B) trade credit. C) a line of credit. D) internal financing.
Which is potentially the most powerful tool available to the Fed to control the supply of money?
a. open market operations b. moral suasion c. changes in reserve requirements d. discount rate changes
When quality cannot be easily judged in advance, what provides consumers with information about the quality of a product?
a. a brand name b. a tie-in c. the quantity available for sale d. the amount of deadweight loss
In a market system, which component conveys information about what is relatively scarce and what is relatively abundant?
A. the number of consumers B. market price C. the number of producers D. the amount of resources used in producing the goods and services