Multiple Choice
Strategy to Address Dependence on Foreign Workers, Labour Market Demands
The prime minister of Malaysia announced his governmentʹs ʺimmediate focus would be to enhance skills development and improve the quality of education.ʺ By ʺthe constant upgrading of skills of the countryʹs workforceʺ he hoped to improve the countryʹs ʺglobal competitiveness and raise average incomes of workers.ʺ
The story describes
A) a plan increase physical capital.
B) a plan to increase human capital.
C) improvements in Malaysiaʹs incentive system.
D) a consequence of economic growth.
Correct Answer:

Verified
Correct Answer:
Verified
Q215: An increase in physical capital or a
Q216: Because the productivity of labor decreases as
Q217: If capital per hour of labor decreases,
Q218: Suppose that in 2009 a country has
Q219: Real GDP per person in the country
Q221: Labor productivity is<br>A) the average amount of
Q222: Slowdoniaʹs current growth rate of real GDP
Q223: Along the aggregate production function, as the
Q224: Because of the choices people make in
Q225: Over the past 100 years real GDP