Savings that pay for capital investment can come from:
A. outside a country.
B. within a country.
C. domestic savings.
D. All of these are true.
Answer: D
Economics
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What is the difference between revenue and cost?
A. Input B. Production C. Output D. Profit
Economics
If labor supply of unskilled workers is perfectly inelastic, then
A. the labor supply curve of unskilled workers is vertical at the total number of unskilled workers in the market. B. firms face an increasing marginal cost of hiring unskilled labor. C. firms face a horizontal value of marginal product of employment curve. D. workers will supply more hours of labor to the market when wages increase. E. the labor supply curve of unskilled workers is horizontal at the market-clearing wage.
Economics