From the apartment landlord's perspective, what might be a substitute use of his rental property?
A) A parking lot
B) An office complex
C) A condominium
D) Any of the above.
E) Definitely none of the above.
D
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When the Dallas Cowboys score more than 30 points in a game, they win the game. This is an example of
A) an economic theory. B) a correlation. C) an incentive to win the game. D) a normative statement. E) a statement on the margin.
One way the United States has tried to encourage welfare recipients to acquire human capital is by
A) providing a free college education. B) setting a 1-year limit on temporary assistance. C) tax rebates. D) requiring a adult member of the household to either work or perform community service.
Social Security wealth is the future value of the Social Security system.
A. True B. False C. Uncertain
Which factor explains the variability of investment?
A. The regularity of innovation B. The durability of capital goods C. The constancy of expectations D. The constancy of profits