Refer to the graphs. An increase in the economy's human capital would shift curve:
A. AB to CD and curve Y to X.
B. CD to AB and curve X to Y.
C. X to Y while leaving curve AB in place.
D. AB to CD and curve X to Y.
D. AB to CD and curve X to Y.
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Which of the following is NOT fixed on a coupon bond?
A) coupon B) coupon rate C) market price D) par value
In the Solow growth model, if the level of investment is greater than depreciation at the initial capital-labor ratio , then ?k is ________ and the capital-labor ratio ________ toward the steady-state capital-labor ratio
A) greater than zero; increases B) greater than zero; decreases C) less than zero; increases D) less than zero; decreases
A unanimity rule suffers from the holdout problem
a. True b. False
How do the three basic economic questions relate to the firm?
What will be an ideal response?