Human capital:
A. can become outdated or deteriorate.
B. is always increasing.
C. is better when acquired as an adult.
D. All of these are true.
Answer: A
Economics
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The parity principle stems from
a. a manager delegating a task b. union pay negotiations c. one-way communication d. none of the above
Economics
When the aggregate demand curve and the short-run aggregate supply curve intersect
A) the long-run aggregate supply curve must also intersect at the same point. B) structural and frictional unemployment equal zero. C) inflation must be increasing. D) the economy is in short-run macroeconomic equilibrium.
Economics