hey bot
Which of the following terms represents the monetary cost of using credit?
a
principal
b
interest
c
borrower
d
credit score
b. interest
What is true about human capital?
a
Improvements to human capital leads to improvements in standard of living, but not generally to improvements in productivity.
b
Improvements to human capital leads to improvements in the welfare of consumers, but not generally to improvements in productivity.
c
Improvements to human capital leads to improvements in technology, but not generally to improvements in productivity.
d
Improvements to human capital leads to improvements in productivity and improvements in standard of living.
d. Improvements to human capital leads to improvements in productivity and improvements in standard of living.
Which of the following resulted from the recent renegotiation of NAFTA?
a
A uniform currency was established for all member nations.
b
Agricultural trade was improved across all member nations.
c
Government contracts were offered to all members.
d
The economic gap decreased between member nations.
d. The economic gap decreased between member nations.
(Note: The recent renegotiation of NAFTA resulted in a new trade agreement called the United States-Mexico-Canada Agreement (USMCA), which included provisions to address labor standards, environmental protections, and intellectual property rights. One of its main goals was to reduce the trade imbalances between the member nations and promote more equitable economic growth.)