A financial asset is
a. a unit of physical capital with a positive market value
b. any asset that generates a stream of income
c. a share in the ownership of a productive enterprise
d. a form of money
e. a promise to pay future income in some form
E
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Which of the following is a true statement?
a. The LDC classification is of the questionable accuracy. b. GDP per capita ignores the degree of income distribution. c. GDP per capita is affected by exchange rate changes. d. GDP per capita does not account for the difference in the cost of living among nations. e. All of these are true.
The key dimension of deepening human capital in the U.S. economy focuses more on a higher average level of work experience than on additional education and training
a. True b. False Indicate whether the statement is true or false