A Firm Invites Applications from a Specific Group of Candidates

question 17

Multiple Choice

A firm invites applications from a specific group of candidates who have studied stenography and have expertise in that field. It also requires each applicant to have previously worked as a stenographer for a minimum of two years. Which type of skill is the firm looking for in an applicant?

• A)Job-related
• B)Transferrable
• C)Adaptive
• D)Descriptive

---

Definitions:

Marginal Tax Rates

The rate at which the last dollar of a taxpayer's income is taxed, indicating the rate applied to each additional dollar of income.

Capital Gains

The profit realized from the sale of assets, such as stocks or real estate, that have increased in value over their purchase price.

Investment Expenditures

Investment expenditures refer to the spending on capital goods by firms that are intended to improve future production or purchases made by individuals in financial instruments or capital assets.

Supply-Siders

Economic theorists who believe that lower taxes, decreased regulation, and a reduced role of government in the economy will lead to increased production and supply, driving economic growth.