Which of the following is not an example of human capital investment?

A. A bachelor's degree
B. Software with spell-check included
C. A leadership training course
D. All of these are examples of human capital investment.

Answer: B

Economics

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A monopolistically competitive firm will always choose to produce where

A) marginal revenue equals marginal cost. B) marginal cost meets the demand curve. C) average total cost meets the demand curve. D) average total cost is minimized.

Economics

In general, if the Fed increases its target for the federal funds rate,

A) short-term nominal interest rates will increase and long-term nominal interest rates will not change. B) short-term nominal interest rates will not change and long-term nominal interest rates increase. C) short-term nominal interest rates will increase and long-term nominal interest rates will also increase. D) short-term nominal interest rates will not change and long-term nominal interest rates will also not change.

Economics