China's high net exports must be balanced by:
A. low net capital outflows.
B. high net capital outflows.
C. lownet imports.
D. high net capital inflows.
B. high net capital outflows.
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Getting a master's degree is an example of investing in:
A. human capital. B. technology. C. research and development. D. physical capital.
The major shortcoming of a barter economy is
A) that money loses value from inflation. B) that goods and services are not traded. C) the requirement of specialization and exchange. D) the requirement of a double coincidence of wants.
When short-term concerns (deadlines) create priorities and longer range management needs are driven out, this part of:
a. McGregor's Law b. Gresham's Law of Planning c. Dorsey's Principle d. Lucien's Law
The classical theory of the market concluded that the interest rate would equate _____ and _____.
Fill in the blank(s) with the appropriate word(s).