Workers with more human capital on average earn substantially higher pay than workers with less human capital in
a. most countries but not in the United States.
b. the United States but not in most other countries.
c. the United States and in most other countries.
d. None of the above is correct; the evidence fails to indicate that human capital is a significant factor in determining earnings anywhere in the world.
c
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A $2.00 tax levied on the sellers of birdhouses will shift the supply curve
a. upward by exactly $2.00. b. upward by less than $2.00. c. downward by exactly $2.00. d. downward by less than $2.00.
As a portion of total assets measured in billions of dollars, the least important asset on the Fed's balance sheet is:
A. loans. B. foreign exchange reserves. C. securities. D. gold.
Political freedoms is one of the measures used by the Human Development Index (HDI) to measure the quality of human life in different nations.
a. true b. false
When decisions are made by majority rule, elected officials have a strong incentive to
What will be an ideal response?