All true or false

I don't need explain.

1.As the price of a resource decreases, producers will be more willing to hire that input in the Resource Market.

2.The interest rate charged by a lender has three basic components: the inflationary premium, the risk premium, and the pure interest rate component.

3.The Present Value (PV) of a payment to be received one year from now will fall if the interest rate rises.

4.Approximately 87% of health-care spending in the U.S. is ultimately paid for by a third party, either a taxpayer or a private insurance company.

5.By itself, dropping out of college is a good example of an investment in human capital.

6.Other things constant, the less dangerous a job, the higher the wage rate will be.This is known as a compensating wage differential.

7.Physical capital and human capital can be substituted for each other.

8.A competitive price searcher has more market power than a monopolist, because it competeswith a larger number of rival sellers in the Product Market.

9.People generally have a positive rate of time preference, meaning they value goods obtained later more highly than goods obtained sooner.

10. To expand the availability of capital in an economy,current consumption must be increased.

11. Compared to low-income families high-income families tend to have fewer workers per family.

12. The demand for a human resource will be more elastic if there is a large amount of physical capital that can be employed as a substitute for it in the Transformation Process.

13. When transfer programs have high implicit marginal tax rates, they decrease the incentive of those in poor families to work and earn income.

14. An oligopoly is an industry dominated by a large number of rival sellers.

15. Immobility of labor can be a source of wage differentials in an economy.

16. If the supply of computer science majors in college increases relative to the demand for them, a degree in computer science will become more attractive to students who are investing in their own human capital.