How is human capital most commonly measured?
A. By the organizational rank and seniority
B. By the amount of pay and incentives
C. By the amount of education and training
D. By the compensation structure and work policies
Answer: C
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Required reserve ratios are the minimum amount of
A) deposits any one bank must hold as a percentage of its reserves. B) reserves any one bank must hold as a percentage of its deposits. C) reserves any one bank must hold as a percentage of its total assets. D) deposits any one bank is allowed to accept as percentage of its capital. E) reserves any one bank must hold as a percentage of its loans.
If inflation turns out to be higher than was anticipated, debtors are helped because
A) the real present value of their payments increases. B) the real present value of their payments decreases. C) the nominal present value of their payments increases. D) the nominal present value of their payments decreases.