This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: A person's stock of skills to produce economic value is referred to as: A) fixed capital. B) ... (Read 63 times)

skymedlock

  • Hero Member
  • *****
  • Posts: 561
on: Jun 29, 2018
A person's stock of skills to produce economic value is referred to as:
 
  A) fixed capital.
  B) human capital.
  C) personal wealth.
  D) personal capital.

Question 2

If households were to switch production away from an equal division of chores
 
  (e.g., doing dishes, mowing the lawn, etc.) to a system based on specialization and trade, the efficiency of household production would probably ________ and leisure time would probably ________.
  A) decrease; decrease
  B) decrease; increase
  C) increase; increase
  D) increase; decrease


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Sophiapenny

  • Sr. Member
  • ****
  • Posts: 339
Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

C


skymedlock

  • Member
  • Posts: 561
Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it

Zebsrer

  • Member
  • Posts: 284
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

For pediatric patients, intravenous fluids are the most commonly cited products involved in medication errors that are reported to the USP.

Did you know?

As the western states of America were settled, pioneers often had to drink rancid water from ponds and other sources. This often resulted in chronic diarrhea, causing many cases of dehydration and death that could have been avoided if clean water had been available.

Did you know?

It is believed that the Incas used anesthesia. Evidence supports the theory that shamans chewed cocoa leaves and drilled holes into the heads of patients (letting evil spirits escape), spitting into the wounds they made. The mixture of cocaine, saliva, and resin numbed the site enough to allow hours of drilling.

Did you know?

Calcitonin is a naturally occurring hormone. In women who are at least 5 years beyond menopause, it slows bone loss and increases spinal bone density.

Did you know?

The word drug comes from the Dutch word droog (meaning "dry"). For centuries, most drugs came from dried plants, hence the name.

Good computer skills are now required to be a successful member of an office staff. Good computer skills are now required to be a successful member of an office staff.
Examples of the most common X-ray positions and the images they produce. Examples of the most common X-ray positions and the images they produce.
Economic recession in 2008 saw a small decrease in demand Economic recession in 2008 saw a small decrease in demand
Diagrams a mitotic chromosome, showing how chromatin is condensed to produce it Diagrams a mitotic chromosome, showing how chromatin is condensed to produce it
economic question economic question
economic question economic question
Video: Genetic distance between human groups

For a complete list of videos, visit our video library