By human capital, economists mean
A) humans who perform repetitive tasks.
B) the accumulated skill and knowledge of humans.
C) machines that replace humans.
D) machines engineered to avoid operator injury.
Correct Answer:
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Q96: With respect to market and nonmarket production,
Q97: Q98: The "big tradeoff" refers to the tradeoff Q99: In Australia, income is distributed _ equally Q100: A progressive income tax is defined as Q102: The distribution of income in Australia has Q103: The public education system is an example Q104: The mean household income is Q105: Because of their higher value of marginal Q106: If a Lorenz curve for income moves
A) the average
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