onsider the concepts of "cultural capital" and "social capital," then answer A and B.  A) Provide 1-2 sentences on how you have experienced cultural capital (can be to benefit or not benefit). B) Provide 1-2 sentences on how you have experienced social capital (can be to benefit or to not benefit). (Hint:  your examples should also illustrate that you understand the basic definition of each.)

The branch of economics which studies how households and firms make choices, interact in markets and how government attempts to influence their choices is called:A) macroeconomics.B) microeconomics.C) positive economics.D) normative economics. (Please dont use ai tool.)

Please answer each question with sufficient detail. Relevant detailed responses are highly rewarded. If you consult any sources, then you should provide both in-text citations and references at the end of each response. You need to make sure at least consult your textbook for your responses. 1. Explain how the international movement of products and of factor inputs promotes an equalization of the factor prices among nations.

a. Suppose that businesses buy a total of $150 billion of the four resources (labor, land, capital, and entrepreneurial ability) from households. If households receive $80 billion in wages, $20 billion in rent, and $30 billion in interest, how much are households paid for providing entrepreneurial ability? %24 billion b. If households spend $80 billion on goods and $70 billion on services, how much in revenues do businesses receive in the product market? %24 billion

Which of the following is not a dilemma of social capital? A. Some groups can promote values that do not align with the majority’s view of a good society. B. Some associations allow only members of certain status. C. Groups allow people to bond and create communities. D. Some groups have very strong ties that can threaten the larger, collective good.

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3.) Which of the following is NOT part of the opportunity cost of attending TCNJ? a.) Tuition b.) Room and board c.) Cost of textbooks d.) Foregone wages 4.) Which of the following statements is TRUE? a.) Economists seek to apply the scientific method to social science questions. b.) Models can provide useful insights even though they are simplifications of reality. c.) The validity of an economic assumption depends on context. d.) All of the above