Everything else equal, as increase in investment in physical and human capital will mean lower living standards in the present, because the opportunity cost of investment is foregone consumer goods

a. True
b. False

A

Economics

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For state member banks, the "primary" federal regulator is the

A) Federal Reserve. B) FDIC. C) House Banking Committee. D) Comptroller of the Currency.

Economics

Prior to World War I, the U.S. government's attitude towards labor unions was one of

A) indifference. B) support. C) hostility. D) support, except when it came to unions of public employees.

Economics