When people are educated, they become:
A. more productive to society, because they have more skills to apply to a job.
B. less productive to society, because they stop working while in school.
C. less productive to society, because they require higher pay per hour.
D. more productive to society, because they are paid more.
A. more productive to society, because they have more skills to apply to a job.
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The individual with the highest valuation of the good will win in which of the following auctions?
A) English Auction B) Dutch Auction C) Sealed Bid Auction D) All of the above.
Policies adopted by the Truman administration effectively avoided inflation during the Korean War. These policies included:
a. increased personal and corporate tax rates. b. price and wage controls. c. reduced purchases of government debt by the Federal Reserve. d. discontinuance of the practice of "pegging" interest rates. e. All of the above.