Human capital is a combination of inborn and acquired skills, talent, and knowledge.
Answer the following statement true (T) or false (F)
True
Economics
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Which of the following statements regarding the use of gold as money is false?
A) It is durable. B) It is acceptable to most people. C) It is valuable relative to its weight. D) It has standardized quality.
Economics
To determine short-run equilibrium in the economy, we use an aggregate supply curve that is:
a. downward-sloping. b. vertical. c. upward-sloping. d. horizontal. e. parabolic.
Economics
A tax on an imported good is called
a. a subsidy b. dumping c. a quota d. a tariff e. restricted trade
Economics
The rational-ignorance effect refers to which of the following scenarios?
What will be an ideal response?
Economics