Q: “The most popular justification for the interventionist state is to create or ensure fairness and…
A: "Since you have asked multiple questions, we will solve the first question for you. If you want any…
Q: Diversifying the workforce is considered as very important for organizations, due to couple of…
A: Diversified workforce is an important feature of any work organization in terms of growth and…
Q: Physical capital includes the knowledge and skills workers have gained through education and…
A: Since you have asked multiple questions and according to our policy we can only answer the first…
Q: A competitive capital market is important to society because it directs resources toward projects…
A: A competitive capital market is the market where large number of buyers and sellers are engaged in…
Q: The increase in marriages in which both spouses have a high paying job is given as explanations for…
A: United states being the largest economy in the world and with a very high per capita income has been…
Q: What does human capital theory assume?
A: Human capital hypothesis is a hypothesis of profit, one of the significant determinants of…
Q: Describe two examples of human capital that you have developed. List three additional examples of…
A: In Democratic government which many country use, it has been seen that there is both public and…
Q: Assessed classes of immigrants are those who are: evaluated on the basis of their likely…
A: Immigration to another nation is a legal process, there are various forms of papers that must be…
Q: Scholars have identified many different broad “types" of interest groups. Which type can best be…
A: Today, there are so many organised lobbyists. They representing all parts of society and addressing…
Q: Unemployed adults are the major contributor to the uninsured adult population under age 65. True…
A: Unemployment occurs when a person who actively seeks a job is unable to find a job. Unemployment is…
Q: Which among the following is an example of involuntary migration? a. Africans migrated because of…
A: Migration refers to the movement of people from one place to another with the intention of settling…
Q: "Human capital theory is not so much wrong as it is incomplete." Explain this statement. What does…
A: Human Capital Theory(HCT) is a framework that is widely used in education research and policymaking.…
Q: True or False. The MB = MC level of immigration is likely to be achieved if we simply let in every…
A: False, the MB = MC level of immigration is not likely to be achieved if we simply let in every…
Q: Select all that apply Which of the following are accurate statements about recent trends in the…
A: In the United States, it can be said that the the income of the rich and poor people shows a…
Q: Answer True, False, or Uncertain and Explain. Suppose people live forever. Then we should see older…
A: Through providing training and education to individuals, the companies could in turn be said to be…
Q: Intergenerational equity” is the idea of fairness between the generations. Covid-19 has been called…
A: The global economy suffered due to COVID-19. GDP of every economy faced contraction and entered into…
Q: Which of the following statements is false? a. Saving a portion of one's income in a pension is a…
A: Merit goods are goods with positive externality and such goods usually are provided less than the…
Q: Is the demographic transition a universal process?
A: Demograhic transition is a universal phenomenon.
Q: Some types of technological changes reduce the cost of capital. Use the concepts of substitutability…
A: Some developments in technology increases efficiency that reduces cost of capital expenditure.
Q: Human Capital Theory
A: Human capital theory emphasis on the development or up-skilling of the of the human capital. This in…
Q: Human capital is
A: Human capital is one of the important resources of many countries. Increase in human capital will…
Q: Harris-Todaro Migration Model related the demand and supply of workers specifically in the…
A: Hi Student, thanks for posting the question. As per the guideline, we are providing answer to the…
Q: The labor force is made up of all people who are at least 16 years old and are capable of working.…
A: The labor force includes the number of individuals/people who are employed and who are unemployed…
Q: Closing educational gender gap is broadly considered as economically desirable since ________. a.…
A: Answer -
Q: According to the neo-classical theory of distribution, factors of production earn their respective…
A: The primary assumption of neoclassical distribution theory is that money is earned via the…
Q: How does a human capital investment in education increase your lifetime earning
A: Human capital investment in education helps in increasing the lifetime earning.
Q: what are the privilages of familial capital
A: Along with the incomes that a person earns in his/her lifetime, some other kinds of wealth make…
Q: Why is the analysis in terms of the variables per effective unit of worker more useful than the one…
A: The availability of capital is crucial for raising level of productivity and economic growth. The…
Q: Generally, those who have higher wages are people with more human capital. Hence, more schooling as…
A: Generally, those who have higher wages are people with more human capital. Hence, more schooling as…
Q: Thailand addressed a growing population at the same time as China but unlike China's stringent…
A: One child policy is a population control program initiated by the government of a country. The basic…
Q: The __________ is composed of people with an intergenerational history of unemployment
A: Intergenerational history of unemployment refers to the existence of unemployment from one…
Q: 1. Higher level of per capita income is connected/correlated to lower numbers of the absolutely…
A: Dear student, you have asked multiple questions in a single post. In such a case, I will be…
Q: An investment in human capital can:HW PE A. improve the productivity of a worker. B. improve the…
A: Human capital refers to the skills,knowledge,expertise that is embodied in an individual. It is…
Q: example
A: Capital deepening refers to a situation where the capital-labour ratio, or the level of capital per…
Q: At any moment in time, middle-age people tend to have lower incomes than both younger and older…
A: When talking about the distribution of income among different age groups, it can be said that the…
Q: Educational equality exists when schooling produces the same __________ for lower-class children and…
A: Education equality refers to the similar level of opportunities and knowledge for all the people…
Q: Many individuals identify more with members of the population with which they share a common…
A: The correct option is D ‘Subcultural.
Q: Among the given choices, which of these is the incorrect statement? a. Female education helps reduce…
A: Female education is an important aspect of the growth and development of the economy and society.…
Q: Education, better skill, training and good health are examples of physical capital True/False
A: # All the man made goods which are the building blocks in the production process are called physical…
Q: An increase in total factor productivity: a.) can lead to an inflationary gap. b.) causes an…
A: In economics, productivity refers to the amount of output produced per unit of input, such as…
Q: True or false? The guaranteed income model encourages workers to work more. Select the correct…
A: The monetary worth of an entity's consumption and saving opportunities over a given time period is…
Q: Modified True or False The Lewis Theory of Economic Development assumed two distinct sectors,…
A: Arthur Lewis gave his theory on economic development under which he stated that the surplus labour…
Q: Which of the following groups has the fastest-growing population in the United States? a.…
A: (Q)Which of the following groups has the fastest-growing population in the United States? a.…
Q: Conceptual (Basic, [5]) Consider our final lecture on human capital, economic growth and wealth…
A: Human Capital is defined as an intangible asset and is not listen on a company's balance sheet. It…
Step by step
Solved in 2 steps
- Because resources are scarce, a society cannot give all individuals the standard of living to which each aspires. a. TRUE b. FALSEWhy does the marginal product of labour fall as more workers are hired? Motivate your answer.The incentive to innovate would be reduced because which of the following makes research and development activity less profitable? Group of answer choices Certification Classification Duplication Proliferation
- An important consideration that entrepreneurs face in their decision making is their willingness to incur _____ to achieve _____.Which of the below statements is INCORRECT for "human capital"? Group of answer choices High levels of human capital creates a virtuous cycle; well-educated parents invest heavily in the human capital of their children. Human capital is about much more than making more money. It makes us better parents, more informed voters, more appreciative of art and culture, and more able to make the most of life. Human capital means educated, better trained, workers with sophisticated skills. It is easier for machines to replace human capital than to replace unskilled labor.Women’s empowerment movement eyes 40% of government spending accreditation …Last year the South African government affirmed its support for women-owned businesses as part of its commitment to ensuring that gender equality in Africa’s most advanced economy was achieved. President Cyril Ramaphosa said then: “We are going to drive women’s economic inclusion through public procurement. We have set the target of ensuring that 40% of goods and services procured by public entities are procured from women-owned business.” a) Market participation. b) Government spending. c) Commercialisation. d) Nationalisation.
- Modified True or False Child Literacy Rate and the gross enrolment ratio represent access to knowledge.Which of the following attributes is most closely associated with a necessity entrepreneur? A. Risk-taker who sees an opportunity B. Person who is forced to innovate out of necessity C. Entrepreneur with no particular skill set D. Entrepreneur by defaultWhich of the following are ways in which an entrepreneur earns a profit? Check all that apply. a. By exploiting arbitrage opportunities b. By paying wages, interest, and rent to other factors of production c. By making entrepreneurial judgments in the face of uncertainty
- Generally speaking, managerial economics is the application of economic theory to the field of business: a) Ethics b) Management c) Practice d) All of the above.Capital is a human factors. True FalseBobby has been recently hired to work on a highway construction crew for the summer. The work is hard, but the pay is great at a time when jobs are hard to come by. One day, the foreman told Bobby to slow down. "You're working too hard." This crew is used to taking it easy. "At this rate, you'll out yourself out of job because once we're done with this project, you're finished! Work slower - you'll last a lot longer." Bobby is convinced that this practice is dishonest to the company and to the taxpayers who are paying for the highway work. But he needs the job to meet his school expense. What would you do if you were Bobby? PLEASE ANSWER IN FIVE SENTENCES