Perry accumulated a lot of mathematical skills while in high school, college, and graduate school. Economists include these skills as part of Perry's
a. proprietary knowledge.
b. technological knowledge.
c. human capital.
d. physical capital.
c
Economics
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The United States can produce both grain and oil more efficiently than Mexico can, but the United States can produce grain more efficiently than oil. Therefore, according to _______ , a basis for trade exists between the two countries.
A) free trade B) demand C) supply D) comparative advantage
Economics
Financial intermediaries change the mix of output by transferring financial capital from savers to dissavers (borrowers).
Answer the following statement true (T) or false (F)
Economics