Jack Has Been Saving His Excess Funds for Several Years

question 173

Multiple Choice

Jack has been saving his excess funds for several years and has contemplated entering a partnership with a friend from college. Jack hesitates because he knows that it is ____ to invest money in a partnership and ____ to get the money back out.

• A) difficult; difficult
• B) easy; difficult
• C) easy; impossible
• D) easy; easy
• E) difficult; easy

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Definitions:

Human Capital

The skills, knowledge, and experience possessed by an individual or population, viewed in terms of their value or cost to an organization or country.

Flood Embankments

Structures built near rivers or coastlines to prevent or reduce the risk of flooding in adjacent land areas; typically earth or concrete barriers.

Social Overhead Capital

Public capital investments in infrastructure like roads, schools, and hospitals, which are necessary for economic activity but not directly profitable.

Human Capital

Refers to the skills, knowledge, and experience possessed by an individual or population, viewed in terms of their value or cost to an organization or country.