Author Question: Which of the following will not contribute to increasing the stock of physical or human capital of a ... (Read 43 times)

j.rubin · **on:** Jun 30, 2018

Which of the following will not contribute to increasing the stock of physical or human capital of a nation?
a. an increase in savings
b. a reduction in taxes on capital gains and stock dividends
c. a lack of enforcement of private property rights
d. the subsidization of higher education

Question 2

The concept of comparative advantage applies:
a. only to people with at least a high school diploma.
b. only to people who are currently employed.
c. to situations in which you have information about the salary levels of those with whom you are competing for a job.
d. to every case of trade or exchange.
e. only to goods that are sold in the domestic market.