Economists believe that the best way to stimulate investment in physical capital is to encourage:
A) higher rates of investment in human capital.
B) more spending on infrastructure.
C) the conservation of natural resources.
D) higher rates of national savings.
Ans: D) higher rates of national savings.
Economics
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The Miami Dolphins play football in Joe Robbie Stadium which holds 76,500 seats. In 2009, attendance averaged about 70,000 fans per game. This means that the quantity supplied of seats is
A) 76,500. B) 70,000. C) 6,500. D) 126,500.
Economics
Interest rates are positive because
A) people prefer future consumption over current consumption. B) people prefer current consumption over future consumption. C) usury laws require rates to be very high. D) banks are not competitive.
Economics