Which of the following countries has the highest level of average educational attainment?

a. Canada
b. Italy
c. India
d. Sudan


a

Economics

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The basic problem with the existence of dead capital is that

A. since there is no cost to dead capital, there is an incentive to overinvest. B. dead capital cannot be put to any use since there is no ownership. C. with no clear ownership, dead capital often cannot be transferred to its most efficient use. D. dead capital creates government inefficiency, bureaucracy, and excessive regulation.

Economics

The income effect is the

A) increase in the interest rate caused by an increase in Real GDP. B) increase in the interest rate due to a higher expected inflation rate. C) decrease in the interest rate due to an increase in the supply of loanable funds. D) change in national income brought about by a change in interest rates. E) rate of change in national income brought about by a change in the supply of money.

Economics

Refer to the information provided in Figure 5.3 below to answer the question(s) that follow. Figure 5.3Refer to Figure 5.3. Use the midpoint formula. If the price of a gardenburger increases from $8 to $10, the price elasticity of demand equals ________ and demand is ________.

A. -9.0; inelastic B. 4.5; elastic C. -4.5; elastic D. -0.5; inelastic

Economics

Refer to the short-run information provided in Figure 8.5 below to answer the question(s) that follow.  Figure 8.5 Refer to Figure 8.5. If no drones are produced, total variable costs are

A. $0. B. $25. C. $50. D. indeterminate from this information.

Economics