Human capital is
A) how firms use more humans than machines in the production process.
B) the accumulation of investments that make people more productive.
C) more costly than other forms of capital.
D) none of these answer options are correct.
Correct Answer:
Verified
Q7: The Laffer curve is
A) never referred to
Q8: Increasing wage rates will result in more
Q9: On the Laffer curve,an increase in tax
Q10: An individual's consumption and saving behavior during
Q11: An income effect
A) is measured as the
Q13: An intertemporal budget constraint
A) requires an endowment
Q14: The theoretical effects of taxation on portfolio
Q15: A decrease in the interest rate will
Q16: An example of a tax-preferred savings account
Q17: Residential housing consumption is not affected by
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