The common measure of wealth used in calculating the distribution of wealth includes
A. human capital.
B. financial assets.
C. workers' claims on private pension funds.
D. the amount an individual will not receive during retirement.
Answer: B
You might also like to view...
An advance in technology increases the productivity of labor. As a result, the nation's production function shifts ________ and the ________ labor curve shifts rightward
A) upward; demand for B) downward; demand for C) upward; supply of D) downward; supply of
Suppose there are 100 firms in a market and all are identical. Firm A will hire 20 workers when the wage rate is $10, 25 workers when the wage rate is $9, and 30 workers when the wage rate is $8
The equilibrium wage rate for a number of years has been $9. If the wage rate falls to $8, we know that A) the quantity demanded for the market will increase to 3,000 workers. B) the quantity demanded for the market will increase to more than 3,000 workers. C) the quantity demanded for the market will increase to less than 3,000 workers. D) the quantity demanded for the market will increase, but we can't tell which of the above answers is correct.
Which of the following groups believes that stabilization policy can have some short-run success, but cannot sustain that success into the long run?
a. classical school b. Keynesian school c. neo-Keynesian school d. rational expectations school e. supply-side school
In the current international monetary system, what is the role for gold?
a. The system is a gold-exchange standard, based on a fixed value for a key currency. b. Gold backs each currency, and therefore, the system as a whole. c. It serves as the principal reserve asset. d. It has no role.