Author Question: What characteristic do both human and physical capital share? A) Both are controlled by the ... (Read 63 times)

jho37 · **on:** Jun 30, 2018

What characteristic do both human and physical capital share?

A) Both are controlled by the government.
B) Current costs are incurred for future benefits.
C) The use of both exhibits rivalry.
D) They can easily be transferred to new ownership.

Question 2

Which of the goals pursued by policymakers in an open economy is desirable because it reduces the uncertainty of conducting economic activity across borders?

A) exchange-rate stability
B) monetary policy independence
C) free capital flows
D) appreciation of the domestic currency