The development of countries like South Korea has been supported by all of the following EXCEPT
A) high domestic interest rates.
B) high domestic saving rates.
C) large endowments of human capital.
D) high levels of labor productivity.
E) reduced government regulation.
A
Economics
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When Ethan continues his education beyond high school, he is increasing his
A) human capital. B) capital. C) wage rate. D) rent. E) quantity of labor.
Economics
The marginal rate of substitution is equal to the
a. slope of the indifference curve. b. ratio of the prices of the two goods. c. slope of the budget constraint. d. All of the above are correct.
Economics