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Author Question: Countries that use the euro as their currency face similar concerns as countries did during the ... (Read 169 times)

altibaby

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on: Jun 29, 2018
Countries that use the euro as their currency face similar concerns as countries did during the years of the gold standard in that each are (were)
 
  A) using a floating currency. B) unable to conduct fiscal policy.
  C) unable to conduct monetary policy. D) using currency which is backed by gold.

Question 2

Why is knowledge considered a type of capital?
 
  What will be an ideal response?


lou

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

C

Answer to Question 2

Knowledge is human capital. Knowledge is considered capital because it yields valuable services to a firm over time in the same way that other types of capital (such as machinery) do.


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altibaby

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Reply #2 on: Jun 29, 2018
Correct answers!


lou

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Reply #3 on: Jun 29, 2018
Great! Please up vote :D


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