How is human capital most commonly measured?
a. By the organizational rank and seniority
b. By the amount of pay and incentives
c. By the amount of education and training
d. By the compensation structure and work policies
c
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To achieve long-run equilibrium in an economy with a recessionary gap, without the use of stabilization policy, the inflation rate must:
A. not change. B. increase. C. decrease. D. either increase or decrease depending on the relative shifts of AD and AS.
Refer to the figure below. If the Federal Reserve wants to raise the interest rate to 7%, it must ________ the money supply to ________.
A. increase; 700 B. increase; 900 C. increase; 300 D. decrease; 300
A student taking economics, statistics, and finance has decided to spend 9 hours per week studying. The objective is to maximize the average grade, which means maximizing the total grade in the three courses. The table shows the student's estimate of the relation between time spent studying each course and the grade for each course.Based on the above information, what is the maximum AVERAGE grade the student can earn if she studies 9 hours per week?
A. 82 B. 80.3 C. 80 D. 78.3
Always Round Tire finds that their demand curve is P = 50 ? .02 Q. What price and quantity combination will maximize the firm's revenue? What are the total revenue and price elasticity at this point?
What will be an ideal response?