In general we note that inflation:
A. hurts everyone in the economy the same.
B. always decreases purchasing power.
C. hurts everyone in the economy whenever it occurs.
D. has very real costs associated with it.
Answer: D
Economics
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Joy is training to become a chef. The skills she is obtaining from her training and education will increase Joy's ________
A) human capital B) physical capital C) entrepreneurship D) None of the above answers are correct.
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Legal or governmental restrictions that give monopolistic advantages to a firm include all of the following EXCEPT
A) economies of scale. B) tariffs. C) licenses. D) franchises.
Economics