In a Population, Not All Workers Have a High School

question 108

Multiple Choice

In a population, not all workers have a high school diploma. Suppose the size of the labor force increases but a smaller percentage of the labor force has a high school diploma. It is reasonable to expect that the larger labor force will the labor force with a high school diploma will______the human capital input and the smaller percentage of _____the human capital input.

• A) decrease; increase
• B) decrease; decrease
• C) increase; decrease
• D) increase; have no effect on
• E) increase; increase

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Definitions:

Income-sharing Ratio

The proportion at which profits or losses are divided among participants in a joint venture or partnership agreement.

Capital Balances

The amounts reflected in a company's accounts representing the capital invested by its owners.

Goodwill

The value attributed to a company's brand name, customer base, good customer relations, good employee relations, and any patents or proprietary technology during acquisitions.