Bonnie is a self employed. She makes floral arrangements in a building she rents. She owns the delivery vehicle and has hired a delivery driver. She is an example of
A) entrepreneurial ability.
B) labor.
C) physical capital.
D) human capital.
A
Economics
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When the Fed increases the money supply and creates inflation, it erodes the real value of the unit of account and makes it more difficult for investors to sort successful from unsuccessful firms
a. True b. False Indicate whether the statement is true or false
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When looking at the economic impact of the terrorist attacks, the initial claim by Osama Bin Laden that the cost to the U.S. would be $1 trillion
A. was viewed at the time to be about right. B. was viewed at the time to be too high, but in retrospect, is actually too low. C. was viewed at the time to be too low. D. was viewed at the time to be too high, but in retrospect, is actually about right.
Economics