Which of the following equations is correct?
A) assets = liabilities ? net worth
B) assets = liabilities + net worth
C) liabilities = assets + net worth
D) net worth = liabilities + assets
Ans: B) assets = liabilities + net worth
Economics
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The human capital model assumes that
a. education is a productive investment that raises total output. b. education does not change potential productivity, but it does save resources by reducing sorting costs for employers. c. the educational system is a very expensive process to legitimize the intergenerational transmission of privileged status. d. such factors as the love of learning should be included in the analysis.
Economics
What do most economists believe concerning the relation between the price level and real output?
Economics