Increases in the Quantity and Quality of Human Resources

question 14

Multiple Choice

Increases in the quantity and quality of human resources.Which set of items in the accompanying list would move an economy from a point inside its production possibilities curve to a point on its production possibilities curve?

• A)1, 2, 5, and 6 only
• B)3 and 4 only
• C)3 only
• D)1, 3, and 4 only

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Definitions:

Mental Health

A state of well-being in which an individual realizes their own abilities, can cope with the normal stresses of life, can work productively, and is able to make contributions to their community.

Human Capital Value

The economic value of a worker's experience and skills, including factors like education, training, intelligence, skills, health, and loyalty.

Exceptional Skills

Outstanding or superior abilities in a particular area or field, significantly surpassing the average.

Behavioral Sciences

Disciplines that explore the activities and interactions among human beings, including psychology, sociology, and anthropology.