Economic expansions might lead to inflation because an expansion leads to
A) a decrease in the unemployment rate, which decreases wages.
B) an increase in the unemployment rate, which decreases wages.
C) an increase in the unemployment rate, which increases wages.
D) a decrease in the unemployment rate, which increases wages.
Question 2
According to human capital theory, all of the following help make workers more productive EXCEPT
A) health and fitness. B) increased unemployment benefits.
C) skills. D) education.
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Early cities were small economic centers surrounded by walls to keep out enemies. These cities had ...
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