Human capital can be increased by more
a. robots aiding workers
b. machinery produced with combinations of labor and capital
c. workers' education and experience
d. factories built to accommodate workers
e. oil discovered that can be used to power the capital that workers use
C
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In the markets for goods and services in the circular-flow diagram,
a. households provide firms with savings for investment. b. households provide firms with labor, land, and capital. c. firms provide households with output. d. firms provide households with profit.
A standard deck of playing cards has 52 cards with 13 cards in each of the four suits; hearts, diamonds, spades, and clubs. Each of the four suits has a king card. If a single card is drawn from a standard deck, what is the probability that the card will be the king of spades?
A) 0.25 B) 0.077 C) 0.019 D) 0.05