Which of the following is an investment in human capital?
A. Displaced workers return to school to update their skills.
B. Rayburn Tool and Die Company purchases a new die-cutting machine.
C. Thompson Temp Agency replaces its desktop computers with laptop computers.
D. The city government green lights the construction of a new concert arena.
Answer: A
You might also like to view...
When Fresh Express Salads decides to mechanically pick all of its lettuce, it directly answers the ________ question
A) what B) how C) for whom D) where E) when
The theory that regulation helps producers to maximize profit is the
A) social interest theory. B) consumer surplus theory. C) antitrust theory. D) capture theory. E) oligopoly theory of regulatory bodies.
If the statistical discrepancy is zero, in order to calculate GDP from the value of net domestic product at factor cost, we must add
A) the value of intermediate goods and subtract the value of imports. B) direct taxes, subtract corporate profit, and add investment. C) indirect taxes, subtract subsidies, and add depreciation. D) subsidies, subtract indirect taxes and depreciation. E) indirect taxes, subsidies, and depreciation.
What does marginal cost measure?
What will be an ideal response?