When an employer pays the cost of educating a worker, it is likely that the employer
a. is demonstrating altruistic motives.
b. is pursuing some objective other than profit-maximization.
c. hopes to recapture his investment in the form of increased labor productivity.
d. receives reimbursement from the government for the cost of the education.
c
You might also like to view...
Refer to Figure 8.1. The dominant strategy for the players would be for Charla to play ________ and for Mirna to play ________
A) Install; Install B) Install; Don't Install C) Don't Install; Install D) Don't Install; Don't Install
Behavioral economists use which technique to test economic theory?
A) controlled experiments B) price theory C) environmental economics D) lie detector tests
Identify the correct statement
a. District banks of the Fed hold reserves in the form of deposits at the Fed. b. Commercial banks in each district make loans to the Fed. c. The Fed sells U.S. government securities for the U.S. Treasury. d. The district banks of the Fed print money and supply currency to the Fed. e. The Fed holds the reserves of the commercial banks but it does not issues checks.
Unlike a banking crisis, an exchange rate crisis rarely results in a deep recession
Indicate whether the statement is true or false