In general, educating workers:
A. contributes little to other capabilities.
B. forces them to leave their native country.
C. increases overall economic growth.
D. does not make them more productive.
Answer: C
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Using the information in the above table, the unemployment rate is
A) 4.5 percent. B) 4.3 percent. C) 2.8 percent. D) 6.0 percent.
The sale of Treasury securities by the Federal Reserve will, in general
A) not change the quantity of reserves held by banks. B) decrease the quantity of reserves held by banks. C) increase the quantity of reserves held by banks. D) not change the money supply.
It is easy for one financial institution to reduce its leverage by acting alone, but when many financial institutions try to do the same thing at once, asset prices fall rapidly and bank capital declines for all such institutions
a. True b. False.
Monetizing deficits has lead to serious inflation in
a. the United States. b. Canada. c. the United Kingdom. d. Russia, Latin America, and Israel. e. All of the above are correct.