Strategy to Address Dependence on Foreign Workers, Labour Market Demands

question 220

Multiple Choice

Strategy to Address Dependence on Foreign Workers, Labour Market Demands
The prime minister of Malaysia announced his governmentʹs ʺimmediate focus would be to enhance skills development and improve the quality of education.ʺ By ʺthe constant upgrading of skills of the countryʹs workforceʺ he hoped to improve the countryʹs ʺglobal competitiveness and raise average incomes of workers.ʺ
The story describes

• A) a plan increase physical capital.
• B) a plan to increase human capital.
• C) improvements in Malaysiaʹs incentive system.
• D) a consequence of economic growth.

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Definitions:

Auto Lease

An auto lease is a contractual agreement where one party, the lessor, provides an automobile to another party, the lessee, for a specified period, in exchange for regular payments.

Consumer

An individual who purchases goods and services for personal use.

Sale Under UCC

Transaction of goods governed by the Uniform Commercial Code, a set of laws regulating sales and commercial transactions in the United States.

Payable Cash

Monetary amounts that are due and able to be paid in cash form.