MOST human capital is provided by: I. governments through public education.
II) investment spending by private sector firms.
A) I only
B) II only
C) both I and II
D) neither I nor II
Correct Answer:
Verified
Q13: Physical capital is purchased through investment spending,
Q14: Investment spending in macroeconomics refers to:
A) buying
Q15: MOST physical capital, except for infrastructure, is
Q16: Private savings equals:
A) income after taxes minus
Q17: Economists view _ as investment spending.
A) stocks
B)
Q19: The budget balance equals:
A) taxes plus government
Q20: GDP is $12 trillion this year in
Q21: To help increase investment spending, the government
Q22: In an open economy, total investment equals:
A)
Q23: In a closed economy, investment spending, I,
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