The term “human capital” refers to how many people must work to produce a product.

Answer the following statement true (T) or false (F)


False

Economics

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In the above figure, the diagram shows

A) a downward trend in x. B) an upward trend in x. C) a scatter diagram. D) a two-variable scatter diagram. E) a cross-section graph between x and time.

Economics

What must be given up to obtain an item is called

a. out-of-pocket cost. b. comparative worth. c. opportunity cost. d. absolute value.

Economics

If an economy's exports are $600 billion and its imports are $750 billion, its net exports are

A) $1,550 billion B) $150 billion C) -$150 billion D) 1.07.

Economics

When individual supply curves shift, ceteris paribus, the market supply curve shifts.

Answer the following statement true (T) or false (F)

Economics