Which type of resource will improve through more education and training by workers?
A) money
B) physical capital
C) natural resources
D) human capital
D
Economics
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Use the following graph to answer the next question.
If the government regulated the pure monopoly and made it set a normal profit price, what price and quantity of output levels would we observe in the short run?
A. P1 and Q1 B. P2 and Q3 C. P3 and Q2 D. P4 and Q1
Economics
A weak U.S. dollar leads to a higher volume of U.S. imports
Indicate whether the statement is true or false
Economics
Why do short-run profits in a perfectly competitive industry tend to disappear over time?
Economics
The annual increase in the dollar value of a financial asset is called the:
A. inflation rate. B. real rate of return. C. real interest rate. D. nominal interest rate.
Economics