Which of the following would be a human capital investment?
a. On-the-job training programs.
b. Health care programs.
c. Formal education.
d. All of these.
d
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Why might a young, healthy person choose not to buy health insurance?
What will be an ideal response?
For the federal deficit to be lowered
A) the Federal Reserve must reduce the money supply. B) the federal government must decrease its spending and increase net exports. C) the federal government's expenditures must be lower than its tax revenue. D) the Federal Reserve must raise interest rates and lower the required reserve ratio.
Which of the following is not included in Nation A's financial account?
a. Nation A's interest earnings from foreign operations. b. Greenfield investments made by foreigners in Nation A. c. Foreign purchases of Nation A's Treasury bills. d. All the above are included.
Failure of market outcomes can occur even when the market is functioning properly.
Answer the following statement true (T) or false (F)