Which of the following is an example of human capital?

A) a computer B) a college education
C) a factory building D) a software program

B

Economics

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Economists use the term wealth to mean

A) what a person earns. B) a person's investment. C) what a person owns. D) the amount of income that is spent and not saved. E) the same thing as income.

Economics

Given the following hypothetical data where C = $3,000; I = $1,200; G = $2,000; X ? M = ?$500; depreciation = $200; transfer payments = $800, net domestic product is _____

a. $5,500 b. $5,700 c. $6,200 d. $6,400 e. $6,900

Economics