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Author Question: Recent rapid economic growth in India and China has reduced the amount of brain drain in those ... (Read 78 times)

dakota nelson

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on: Jun 29, 2018
Recent rapid economic growth in India and China has reduced the amount of brain drain in those countries.
 
  Indicate whether the statement is true or false

Question 2

Explain which of the following items are not consumption goods and services:
 
  What will be an ideal response?


bitingbit

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Reply #1 on: Jun 29, 2018
Answer to Question 1

TRUE

Answer to Question 2

 A chocolate bar
A chocolate bar is a consumption good.
 A ski lift
A ski lift is not a consumption good. It is capital that produces a service for skiers.
 A golf ball
A golf ball is a consumption good.


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