An individual can build up his or her capital ______. a) by working longer hours only b)

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An individual can build up his or her capital ______.

a) by working longer hours only

b) by cutting back on consumption only

c) by both cutting back on consumption and working longer hours

d) by borrowing only.

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Microeconomics

ISBN: 9780077641542

11th Edition

Authors: Stephen Slavin

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Question Posted: Feb 28, 2024 02:01 AM

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An individual can build up his or her capital ______. a) by working longer hours only b)

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a Working longer hours may increase income but its not the only ...View the full answer

Microeconomics

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