A decrease in human capital will increase output.
Answer the following statement true (T) or false (F)
False
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Refer to Table 18-1. Use the information in the table to prepare a balance of payments account and find the value of the statistical discrepancy. Assume that the balance on the capital account is zero
What will be an ideal response?
During the 2000s, the Federal government's deficit
a. moved from large deficits to even larger deficits. b. changed little as a percent of GDP. c. moved from large surpluses to large deficits. d. rose largely as a result of large tax cuts in 2001 and 2004. e. both c and d.
Under a laissez-faire system,
A. government organizes production and distribution of goods. B. a small bureaucracy of central planners tells firms what to produce and how to produce it. C. costs of production and consumers’ demands determine the output mix. D. firms try to produce the goods that they think are good for consumers.
The beginning point of a graph (the 0,0 point) is known as: a. ground zero. b. the quadrant. c. the origin
d. variable one.