Which of the Following Represents a Productivity-Enhancing Investment in Human

question 31

Multiple Choice

Which of the following represents a productivity-enhancing investment in human capital?

• A)A new labour-saving technology.
• B)A new health clinic.
• C)A new factory that will employ 1 000 workers.
• D)An increase in fringe benefits, such as paid vacations and overtime pay.

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Definitions:

Observation

The process of monitoring or recording systematically selected behaviors, phenomena, or variables for the purpose of analysis.

Hypothesis

A proposed explanation for a phenomenon, made as a starting point for further investigation.

Psychological Law

A principle or regularity that is generally accepted in the field of psychology, explaining mental processes and behaviors.

Theory

A systematic framework of concepts and purposes designed to explain specific phenomena or predict future outcomes based on empirical evidence.