Author Question: Countries that use the euro as their currency face similar concerns as countries did during the ... (Read 178 times)

altibaby

  • Hero Member
  • *****
  • Posts: 562
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

  • Sr. Member
  • ****
  • Posts: 286
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.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question

lou

  • Sr. Member
  • ****
  • Posts: 286

 

Did you know?

Every 10 seconds, a person in the United States goes to the emergency room complaining of head pain. About 1.2 million visits are for acute migraine attacks.

Did you know?

Urine turns bright yellow if larger than normal amounts of certain substances are consumed; one of these substances is asparagus.

Did you know?

According to research, pregnant women tend to eat more if carrying a baby boy. Male fetuses may secrete a chemical that stimulates their mothers to step up her energy intake.

Did you know?

Intradermal injections are somewhat difficult to correctly administer because the skin layers are so thin that it is easy to accidentally punch through to the deeper subcutaneous layer.

Did you know?

Over time, chronic hepatitis B virus and hepatitis C virus infections can progress to advanced liver disease, liver failure, and hepatocellular carcinoma. Unlike other forms, more than 80% of hepatitis C infections become chronic and lead to liver disease. When combined with hepatitis B, hepatitis C now accounts for 75% percent of all cases of liver disease around the world. Liver failure caused by hepatitis C is now leading cause of liver transplants in the United States.

For a complete list of videos, visit our video library