Multiple Choice
Which of the following is the best example of an investment in human capital?
A) the purchase of an industrial development bond
B) a graduate student who completed 24 semester units in economics last year
C) the purchase of a lawn mower by a homeowner
D) an unemployed stockbroker who drives a cab in order to pay his bills
Correct Answer:
Verified
Correct Answer:
Verified
Q7: A decrease in the productivity of labor
Q8: Not all similarly skilled workers are included
Q9: A decrease in the interest rate will:<br>A)
Q10: The substitution effect of a wage increase:<br>A)
Q13: The demand curve for capital is downward
Q14: The relationship between the wage rate and
Q15: Decreases in the demand curve for labor
Q16: Which of the following is false?<br>A) An
Q17: Labor unions create barriers to entry in
Q105: Which of the following most clearly illustrates