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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.
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- This is not a writing assignment, this is a multiple-choice question All of the below statements reflect the views regarding "human capital" expressed EXCEPT for this one. Please select the statement that DOES NOT reflect what Wheelan has written in this chapter. Group of answer choices Human capital is much more than earning more money. It makes us better parents, more informed voters, more appreciative of art and culture.... Improvement in human capital and technology is a painless process with no immediate or short-term negative effects upon any person in that economy. Studies indicate that in low-income countries each additional year of schooling reduces the probability of infant mortality by 5-10%.This is not a writing assignment, this is a multiple-choice question Wheelan discusses why some economies are rich (or have been able to come out of poverty) while others are still poor. Question: Wheelan lists the conditions necessary for economic development. Which of the below is NOT a NECESSARY condition for economi development? Group of answer choices Responsible fiscal and monetary policy. Possession of large amounts of natural resources. Well-developed and plenty of human capital.Given your experience and what you have learned from the chapter, consider what factors are likely to lead to a high income. Using your knowledge, identify each of the given statements as true or false. True Starting a business is the easiest way to earn a high income. Answer Bank Many people will experience poverty at some point in their lifetimes. If your parents earned higher incomes than average, you are more likely to earn a higher than average income. False Obtaining a master's degree guarantees you a higher income than just possessing a high school diploma.
- All of the below statements reflect the views regarding "human capital" expressed in chapter 6 of the book Naked Economics, EXCEPT for this one. Please select the statement that DOES NOT reflect what Wheelan has written in this chapter. Group of answer choices Human capital is much more than earning more money. It makes us better parents, more informed voters, more appreciative of art and culture.... Technology displaces workers in the short run but does not lead to mass unemployment in the long run. Improvement in human capital and technology is a painless process with no immediate or short-term negative effects upon any person in that economy. Studies indicate that in low-income countries each additional year of schooling reduces the probability of infant mortality by 5-10%.MULTIPLE CHOICE (identify the one best answer and provide explanations): Consider an economy in which each worker has one machine and one unit of natural resources. Assume these inputs are fixed, and so is the worker’s human capital. But there has been an improvement in technology. We can surely conclude that productivity has increased if: the amount of goods and services produced from each hour of the worker’s time increases. the amount of goods and services produced by the worker increases relative to a worker in another country. if the amount of goods and services produced by the worker in a given year increases. all of the above. none of the above.What types of empirical studies (across-state studies or national studies) does the author prefer, and why? National studies are better because across-state studies are more subject to statistical fluctuation. Across-state studies are better because they are less susceptible to the effects of business cycles National studies are better because across-state study results may not necessarily reflect the effect of increases in the minimum wage on the nation as a whole Across-state studies are better for measuring age-specific implications than national studies.
- The Hawthorne Studies utilized experiments Which result would have been expected in the Hawthorne Studies had it been based on the principles of scientific management? Scientific management would have predicted that employees seek to be happy at work. O Scientific management would have predicted that employees would succumb to normative pressures and adjust their productivity accordingly. Scientific management would have predicted that employees would seek to maximize their wages. Scientific management would have predicted that employees would strive to maximize time off. Choose the best answer to the following question. to assess the factors that could influence productivity. Which organizational resource is the focus of the behavioral management perspective? Physical Financial Information Human.Which of the following statements is a positive statement? cigarettes ought to be taxed due to health concerns social assistance programs should be funded by the federal government property rights should be protected by the legal system Obreast cancer is the fifth leading cause of cancer deathA nonprofit organization conducts research on the economic impact of disabilities in a region. The research reveals that people with disabilities face higher costs of living due to expenses related to healthcare, assistive devices, and accessible housing. These additional costs contribute to a higher risk of poverty and economic hardship. The question is: In this research, the identified higher costs of living for people with disabilities primarily highlight: A) The efficiency of the current economic system B) The need for targeted economic policies and support measures C) The absence of any additional financial burden associated with disabilities D) The preference for institutional care over community- based support
- International data show a positive correlation between income per person and the health of the population. a) explain how higher income might cause better health outcomes b) explain how better health outcomes might cause higher income. c) how might the relative importance of your two hypotheses be relevant for public policy.A study on the perception of the urban poor on the housing program of the government. What is the value of the research? Explain. Who are the beneficiaries? Why do you think so? A survey on the presidential preference of the basic sectors (farmers, fisher folks, indigenous people, laborer, and urban poor) in the 2016 election. What is the value of the research? Explain. Who are the beneficiaries? Why do you think so?How do feelings of isolation relate to the ethnic identify of African Americans in the United States? The type of this question is a. Provocative question b. Descriptive question. c. Relationship question d. Comparison question
