Human capital refers to the
A) accumulated financial capital people have acquired.
B) accumulated skill and knowledge of human beings.
C) accumulation of money by human beings.
D) accumulation of money and equipment used by human beings.
E) accumulated equipment used by human beings.
B
Economics
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Assuming that chicken and beef are substitutes, a decrease in the price of beef, other things being equal, will:
a. decrease the demand for beef. b. increase the demand for chicken. c. decrease the demand for chicken. d. increase the demand for beef.
Economics
Zero bound refers to a situation when inflation rates are at or very near zero in an economy
a. True b. False Indicate whether the statement is true or false
Economics