Which of the following represents positive economics?
a. All of these choices are positive economic analysis.
b. Policy A is fair.
c. Outcome B is the best objective to achieve.
d. If policy A is followed, then outcome B results.
d
Economics
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Human capital is acquired
A) only in school. B) only through on-the-job training. C) only through job experience. D) through schooling, job training, and experience. E) only at birth, that is, it's people's inborn talents.
Economics
Keeping a $20 bill in your purse to purchase a movie DVD when it comes out next month means that money functions as a
A) medium of exchange. B) unit of account. C) standard of deferred payment. D) store of value.
Economics