Which of the following best illustrates the human capital of a survivor stranded on an island?
a. the fishing poles she has produced
b. the invention of a better fishing lure
c. the fresh fruit and fish on and around the island
d. her previous training in a survival course
d
You might also like to view...
Suppose that you have wheat in storage and that the price of wheat is currently $5.00 per bushel. You can sell your wheat immediately but you also have an opportunity to sell in six months. At that time, you believe the price of wheat will be $5.60 per bushel. Your cost of storage is $0.75 per bushel for six months. One dollar in six months is worth one dollar today (no discounting). What strategy is profit maximizing?
A. Hold onto your wheat and sell in six months. B. Sell your wheat today. C. Minimize your losses by exiting the wheat market. D. Expand production to sell more wheat.
The rise in the U.S. debt-GDP ratio after 1980 must be blamed primarily on a ________ ratio of ________ to GDP
A) rising, government expenditures B) rising, tax revenues C) falling, government expenditures D) falling, tax revenues