Describe the four types of capital that flow between countries.
What will be an ideal response?
The four types are: 1) Natural capital. Natural resources such as timber, water, and minerals are “components of nature that can be linked with human welfare.” 2) Social capital. This “consists of the social networks that support an efficient, cohesive society, and facilitate social and intellectual interactions among its members. Social capital refers to those stocks of social trust, norms, and networks that people can draw upon to solve common problems and create social cohesion.” 3) Manufactured capital. This is human-made capital like machines, tools, buildings, and other infrastructure that are used to produce other assets. 4) Human capital. This “generally refers to the health, well-being, and productive potential of individual people.”
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For most products:
a. the greater the quantity demanded, the lower the price b. the greater the quantity demanded, the higher the price c. the greater the price, the less the quantity supplied d. the equilibrium point is $15 per thousand e. demand for a product does not affect the supply of that product
Regardless of how departments like Accounting, Engineering, Finance, and Marketing function in an organization, they are all linked together through:
A) management. B) processes. C) customers. D) stakeholders.
Examine the following list of "risks." Determine which of these are "pure risks."
I. The risk that your antique Corvette will depreciate in market value II. The risk that you will have a collision in your Corvette, thus causing you to spend thousands of dollars in repair costs III. The risk that someone will steal your Corvette IV. The risk that you will buy a house and lightning will strike your roof, thus causing you to have to purchase a new roof V. The risk that you will invest your life savings in a business venture that fails, thus causing you to lose your entire investment A) I, II, III, IV, and V B) I, II, and IV C) I, II, III, and IV D) II, III, and IV
If a researcher fails to reject a true null hypothesis, he has made a(n) ____________________ decision
Fill in the blank(s) with correct word