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- Among the given choices, which of these is the incorrect statement? a. Female education helps reduce the fertility rate and child mortality rate. b. Improvement in female education and labor force participation helps break the vicious circle of poverty. c. Female education helps reduce participation of women in labor market activities. d. The rate of return on female education is higher than the rate of return on male education.Which of the following statements is accurate regarding entrepreneurs? Economic changes can be both good and bad for entrepreneurs. The only asset a person needs to be a successful entrepreneur is a willingness to take risks. If a business fails, the government will be responsible for any losses. Entrepreneurs need to have a college degree to start a business.Native-born workers may not be harmed by immigration if it Multiple Choice reduces wages and labor demand is inelastic. reduces the rate of return on capital. increases the rate of return on capital. causes production costs to rise.
- Which of the following best describes an entrepreneur?a. A person who works as an office clerk at a major corporationb. A person who combines the factors of production to produce innovative productsc. A special type of capitald. Wealthy individuals who provide savings that stimulates the economyAn important consideration that entrepreneurs face in their decision making is their willingness to incur _____ to achieve _____.Which of the following would be strategies to increse productivity A.) Invest in accumulating more physical capital B.) Invest in innovation in technology C.) Invest in education D.) All of the above
- Which of the following would be strategies to increse productivity Invest in accumulating more physical capital Invest in innovation in technology Invest in education All of the aboveBetween 2019 and 2032, productivity growth is expected to account for about ________ percent of the growth of real GDP in the United States. Multiple Choice 62 40 97 82Investments in human capital include all the following except A. attending college. B. saving money for college. C. exercising. D. maintaining a healthy weight. E.immunizing children against diseases..
- In the short term and with almost full employment, it is most realistic to increase GDP / per capita by: a. Employees move to sectors with higher labor productivity b. Labor productivity becomes higher, e.g. through increased investment and better education c. Taxes are reduced so that it pays to work harder d. The state supports industries with highly expected growth potentialUnderdevelopment as a condition for some countries in the world economy is Group of answer choices an active process inherent and inevitable a passive state of being naturally occurringAll of the following will cause a shift in the demand curve for capital EXCEPT: A change in sales expectations. the interest rate. changes in labor prices. technological change.
