The legal system is an example of:

A. human capital.
B. social capital.
C. entrepreneurial capital.
D. physical capital.


Answer: B

Economics

You might also like to view...

Monetary policy is most effective at home when exchange rates are flexible

Indicate whether the statement is true or false

Economics

Americans viewed the 12 percent mortgage interest rates of the 1980s as exorbitantly high while they considered the 7 percent mortgage interest rates of the late 1990s as reasonable. This represents a confusion of

a. actual and expected inflation. b. real versus nominal inflation. c. real versus expected mortgage payments. d. real versus nominal interest rates.

Economics

Susan operates and owns a small business from home in her own name.? Susan's business is most likely a? _______.

A. partnership B. corporation C. master limited partnership D. sole proprietorship E. limited liability company

Economics

The amount by which the federal government's annual revenues exceed its annual expenditures is the

A) federal debt. B) federal government budget deficit. C) federal government budget surplus. D) federal profit.

Economics