Multiple Choice
The demand for labor ________ and the accumulated skill and knowledge of human is called ________.
A) increases when productivity rises; technology
B) depends on the nominal wage rate; human capital
C) depends on the real wage rate; human capital
D) is independent of technology; the marginal product of labor
Correct Answer:
Verified
Correct Answer:
Verified
Q4: If the U.S.interest rate differential _,the demand
Q5: The main component of the current account
Q6: If two currencies allow for the equal
Q7: Purchasing new capital _.<br>A) creates an upward
Q8: If the Fed makes an open market
Q10: In the foreign exchange market,if the supply
Q11: The velocity of circulation is<br>A) equal to
Q12: The major component of the capital and
Q13: An increase in the population will _
Q14: An increase in the amount of capital