Which of the following is an example of human capital?
A. The Internet
B. Your ability to use Google
C. The Google search engine on the Internet
D. None of these is an example of human capital.
Answer: B
Economics
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Which of the following are examples of perfectly competitive markets?
a. market for wheat b. market for oil c. market for stocks d. all of the above are examples of perfectly competitive markets
Economics
Based on the figure below. Starting from long-run equilibrium at point C, a tax increase that decreases aggregate demand from AD1 to AD will lead to a short-run equilibrium at point ________ and eventually to a long-run equilibrium at point ________, if left to self-correcting tendencies.
A. D; C B. D; B C. A; B D. B; C
Economics