Technological knowledge refers to
a. human capital.
b. available information on how to produce things.
c. resources expended transmitting society's understanding to the labor force.
d. All of the above are technological knowledge.
b
Economics
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What can one learn from Figure 13-3 from the text, shown below?
What will be an ideal response?
Economics
Open market operations are
a. rarely used and the least effective tool used by the Fed to control the money supply b. the most frequently used and the most effective tool the Fed has to control the money supply c. used only when the Fed wants the money supply to change rapidly d. used to adjust the actual money supply to the potential money supply e. used to counteract the deficit spending of the federal government
Economics