Question 31 15 pts [31] Arm uses some of its prots to buy back some of its outstanding stock. Economists consider this transaction to be an act of O saving. 0 investment. 0 appreciation. O diversication. Question 32 15 pts [32] The Law of One Price is ________ the basic assumptions of a perfectly competitive market. 0 one of 0 not logically consistent with O a prediction derived from O a requirement for Question 33 15 pts [33] Arm buys heating oil and puts it in tanks so it can be used to heat a factory during the coming winter. The heating oil is an example of O a durable input. 0 a capital good. 0 a durable natural resource. 0 an input that is storable but not durable. Question 34 15 pts [34] An important difference between human capital and technological capital is that O technological capital can be stored and used by different people in the future. 0 technological capital does not depreciate. 0 human capital can be produced via education and training, but we can't produce technological capital. 0 human capital is used along with labor, but use of technological capital does not require labor. Question 35 15 pts [35] If we adopt the most common usage. the term securities refers to O debt. 0 equity. 0 Both a and b. O Neithera nor b