Developing countries typically have poorly developed property rights and less social capital designed to promote trust and cooperation in the economy
Indicate whether the statement is true or false
true
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The monthly average of the 35 highest earnings years adjusted for wage inflation is the
A. most the retiree can receive in interest without having part of their benefit reduced. B. PIA. C. AIME. D. amount of the retiree's monthly check.
The figure above shows a labor market. If this labor market is perfectly competitive, the wage rate is
A) $4 per hour. B) $6 per hour. C) $8 per hour. D) $10 per hour.
Marginal revenue for a perfectly competitive firm equals: a. the addition to total cost from producing one more unit of output. b. average revenue at all levels of output
c. marginal cost at all levels of output. d. average total cost at all levels of output.
Education is an investment in human capital.
Answer the following statement true (T) or false (F)