Which of the following would be considered an investment in human capital?
a. education
b. a teacher's blackboard
c. the purchase of a new computer to enhance labor productivity
d. All of the above are correct.
a
Economics
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In practice, money growth targeting was
A) a good idea. B) a policy introduced in the U.S. in the 1970s, which continues to the present. C) better than interest rate targeting. D) a failure.
Economics
The slope of an isoquant tells us
A) how much output increases when both inputs are increased. B) the increase in MPL when capital increases. C) the decrease in capital necessary to keep output constant when labor increases by one unit. D) the decrease in capital necessary to keep MPL constant when labor increases by one unit.
Economics