Markets that require workers with similar human capital:
A. are more connected than others.
B. often have similar wages, because they employ similar workers.
C. vie for the same workers, who can interchange one type of employment for another.
D. All of these statements are true.
Answer: D
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Why does the supply curve of the perfectly competitive industry shift to the right whenever a new firm enters the industry?
What will be an ideal response?
Given a one-year Canadian bond with a yield of 8 percent, what will be the U.S. investor's rate of return at maturity if the Canadian dollar appreciates 10 percent against the U.S. dollar?
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Suppose that Danita owns a cupcake bakery. In the short run, at least one of her inputs is fixed. Provide one or two examples of the types of inputs that could be fixed in the short run