Human capital is defined as

a. the skills and knowledge possessed by workers
b. the tools used by labor
c. equipment and machinery used to train workers
d. buildings purchased by households rather than by businesses
e. equipment and machinery used to aid household production and increase available leisure time

A

Economics

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Attaining higher and higher levels of air cleanliness causes

A) additional costs to rise to increasingly high levels. B) larger and larger increases in per capita incomes. C) additional costs to fall to lower and lower levels. D) larger and larger marginal benefits to society.

Economics

The consumer will pay for ______ of the tax and the seller will pay for ______ of the tax.


A. some; some
B. most; a little
C. all; none
D. none; all

Economics