Human capital is a type of social capital.
Answer the following statement true (T) or false (F)
False
You might also like to view...
An important factor in determining a country's rate of economic growth is
A) the diversity of its population. B) its rate of saving. C) the size of its labor force. D) the proportion of the adult population that is working.
Suppose that government purchases of goods and services increase by $200 and at the same time lump-sum taxes increase by $200 . Which of the following is true in this case?
a. Whether the budget deficit will increase or decrease will depend on the value of the marginal propensity to consume. b. The budget deficit will increase by $200 c. The budget deficit will increase by $400. d. The budget deficit will decrease as the economy expands. e. There will be no change in the budget deficit.
Which of the following problems associated with asymmetric information can be avoided by using a product warranty?
a. Lemons problem b. Problem of adverse selection c. Moral Hazard d. Problem of blind sight
The United States has a more unequal income distribution than many other developed countries such as Japan and Germany
a. True b. False Indicate whether the statement is true or false