In the short run, the supply of capital is ________ and in the long run will depend on _______?

Related Mcqs:

If a person who works in coal mine gets paid more than a person with a similar background and skills who works in a safer job, then ?

A. coal miners must have greater human capital than others B. we have observed a compensating differential C. coal miners must be more attractive than other workers D. we have evidence of discrimination against workers outside the coal mine...

The most important source of wage differentials are ?

A. regional variation B. unionization C. relative danger D. skills...

The opportunity cost of acquiring education is ?

A. course fees B. course fees and living expenses C. the earnings foregone D. Course fees living expenses and textbook...

Which of the following explanations of wage differentials is not likely to be true ?

A. Men have more human capital than women B. Employers in competitive markets are bigots C. Men have more job experience than women D. None of the above...

Which of the following is not a reason why some workers are paid above the equilibrium wage ?

A. minimum-wage laws B. efficiency wages C. unions D. beauty...