The Skills, Training, and Education Possessed by Workers Contribute to Economic

question 47

Multiple Choice

The skills, training, and education possessed by workers contribute to economic growth

• A) by increasing saving.
• B) by increasing the quality of labor.
• C) by increasing the quantity of labor.
• D) by increasing real wages.

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Definitions:

Fallacy Of Division

A logical fallacy that occurs when one assumes that something true of a whole must also be true of its parts.

Hasty Generalization

A logical fallacy where a conclusion is drawn from insufficient evidence or sample size.

Slippery Slope Fallacy

A logical fallacy suggesting that a relatively small first step will lead to a chain of related events culminating in some significant effect, often negative, without adequate evidence to support that outcome.

Undesirable Outcome

A result or consequence that is not wanted or is considered negative.