Suppose that the country of Libraria made a concerted effort to increase the educational level of its people. If this effort had no effect on the wages of its workers, one might consider this as evidence in support of
a. the human-capital view of education.
b. the signaling view of education.
c. both the human-capital and the signaling view of education.
d. neither the human-capital nor the signaling view of education.
b
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Marginal cost for a firm can be derived from its demand curve.
Answer the following statement true (T) or false (F)
A deposit in a financial institution that requires notice of intent to withdraw is a
A) savings deposit. B) money market deposit account. C) time deposit. D) certificate of deposit.
Permanent differentials in resource prices will cause
a. all of the following b. the allocation of fewer resources to lower-paid uses c. the equalization of payments for the same resource in different uses d. no change in the allocation of resources e. the allocation of more resources to higher-paid uses
Which of the following explains why elected representatives will find borrowing to be an attractive method of financing current government programs?
What will be an ideal response?