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TEA [102]
3 years ago
8

The knowledge and skills acquired by a worker through education and experience is a description of which factor of production? p

hysical capital human capital labor entrepreneurship
Business
1 answer:
Marta_Voda [28]3 years ago
6 0

Answer:

human

Explanation:

I took the test

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The town of Sanford, Maine, decided to auction off a plot of land owned by the town. The town advertised that it would accept bi
rodikova [14]

Answer:

The answer is: Both parties could win, depending if there were other conditions established for the auction.

Explanation:

Usually when an auction is carried out there are conditions established beforehand by the auctioneer that must be fulfilled in order for the sale to be completed.

In this case, since we don´t know what other conditions the town of Sanford included in the auction, if any other condition at all, we can´t conclude which party could win the lawsuit. For instance if a reserve was required but Arthur and Arlene didn´t do the reserve deposit, then they will obviously lose. The same happens with other established conditions like a minimum price set, etc. But if no other condition established, then Arthur and Arlene could win.

5 0
3 years ago
​In 2017, in proposing a $1 trillion increase in government spending on infrastructure, President Trump argued that the spending
VLD [36.1K]

Answer:

A. the economy is producing at less than its potential output and has some cyclical unemployment.

Explanation:

Increase in government spending will increase domestic income, only if economy is producing at less than its potential output.

Increase in federal government spending raises the level of 'govt expenditure' in Aggregate Demand. This creates 'Excess Demand' (AD > AS). However, if the economy is at full employment level, i.e all the resources are already best efficiently utilised as per their production potential. Then, the economy can't increase its domestic income more than its full employment (full potential) level. So : Increase in government spending in full employment case, wont increase total production/ income/ employment further ; as the economy is already at full employment & can't increase economic activity beyond that.

3 0
3 years ago
In the above problem, the proposed new branch will _______ overall risk exposure and produce a(an) ______ effect. Fill in the ap
vfiekz [6]

Answer:

reduces; geographic diversification

Explanation:

In the above problem, the proposed new branch will economics reduces overall risk exposure and produce a geographic diversification effect.

7 0
3 years ago
It is impossible for those who have good intentions to have a cultural misunderstanding.
nadezda [96]
<span>no it is not impossible for those who have good intentions to have a cultural misunderstanding.</span>
4 0
3 years ago
Read 2 more answers
Leia just read that the national debt owed by the federal government is at an all-time high. (Explain any possible impact on the
Elis [28]

Answer:

If the government of the country where Leia is from has a national debt at an all-time high, and at the same time, unexpected high inflation hits, the situation for the government can become extremely dire.

This is because high inflation will lower the value of the domestic currency, which is probably not the currency in which most of of the debt is owed. The proportion of the national debt that is owed in foreign currency will then become more expensive, because more units of domestic currency will be needed to exchange for the foreign currency, rendering the cost of the national debt a lot higher.

6 0
3 years ago
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