A University Requires That All Entering First-Year Students Learn How

question 160

Multiple Choice

A university requires that all entering first-year students learn how to use word processing and spreadsheet software. This is an investment in what type of capital?

• A) tangible
• B) financial
• C) human
• D) productive

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Definitions:

Automatic Stabilizer

Economic policies and programs, like unemployment benefits, that automatically adjust to counteract economic fluctuations without additional government action.

Unemployment Compensation

Government-provided financial assistance to individuals who are unemployed and meet certain eligibility requirements.

Automatic Stabilizer

Economic policies and programs, such as unemployment insurance and progressive taxes, that automatically help stabilize an economy by reducing the severity of economic fluctuations without additional government intervention.

Disposable Income

The residual financial power of households for savings and consumption post the subtraction of income taxes.