The value of human capital is determined by
A. the forces of supply and demand for human capital in the market.
B. an investment board at the New York Stock Exchange.
C. a ranking system of the relative value of different types of education to society.
D. a special team of experts in each college and university.
Answer: A
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The above table has data from the nation of Media. Based on these data, when disposable income is $8.0 trillion, saving is
A) -$1.5 trillion. B) $1.5 trillion. C) $7.5 trillion. D) $0.5 trillion. E) -$0.5 trillion.
What is scarcity?
What will be an ideal response?
How did the European single currency evolved?
What will be an ideal response?
Within the AD/AS model, if consumers and investors become more optimistic about the future direction of the economy,
a. aggregate demand will decrease. b. aggregate demand will increase. c. long-run aggregate supply will increase. d. long-run aggregate supply will decrease.