The branch of economic theory that analyzes decisions about education and training is
A. welfare economics.
B. equilibrium analysis.
C. human capital theory.
D. consumption theory.
Answer: C
You might also like to view...
The figure above shows a monopoly firm's demand curve. At point u in the figure, the demand facing the monopoly is
A) elastic. B) unit elastic. C) inelastic. D) less than the supply.
Prediction market in Scotland have been used to effectively forecast the outcome of elections in the United States
Indicate whether the statement is true or false
The sum of the current account, the capital account, and the official reserve transaction account is
A. positive when exports are greater than imports. B. always positive. C. always negative. D. zero.
In the expectations-augmented Phillips curve, ? = ?e - 3(u - 0.06). When ? = 0.06 and ?e = 0.03, the unemployment rate is
A. 0.04. B. 0.05. C. 0.06. D. 0.07.