The type of human capital formation that occurs in the business sector is called
a. vocational education.
b. business education.
c. on-the-job training.
d. productivity enhancement.
c
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The above figure shows the payoff to two firms in an industry deciding to make an investment in worker safety. The Nash equilibrium
A) is for just one of the firms to make the investment. B) is for both firms to make the investment. C) is for neither firm to make the investment. D) does not exist.
If there is a sole producer of a good, and he faces no threat of competition, it is likely that:
A. government intervention will have no impact on the market. B. government intervention will raise prices to consumers. C. government intervention will increase total surplus. D. government intervention will make things better for buyers and sellers.
An example of a foreign direct investment would be an Indian citizen purchasing U.S. Treasury notes
a. True b. False Indicate whether the statement is true or false
When unanticipated deflation occurs:
A. Both creditors and debtors benefit B. Both creditors and debtors are hurt C. Debtors are hurt, but creditors benefit D. Creditors are hurt, but debtors benefit