Which of the Following Best Describes Schooling and Other Types

question 94

Multiple Choice

Which of the following best describes schooling and other types of training?

• A) They have no opportunity cost for the unemployed.
• B) They are regarded as investment in human capital.
• C) They are not typically the cause of income differentials.
• D) They have no effect on the demand for labour.

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Definitions:

Data

A collection of facts, figures, and detailed information that can be analyzed to support decision-making and research.

Worthiness

The quality of being good enough; the quality of deserving attention, time, or effort.

Effectiveness

The degree to which something is successful in producing a desired result or outcome, often measured by comparing outputs against intended goals.

Training Evaluations

The process of assessing the effectiveness of training programs and initiatives to ensure they meet their objectives and contribute to performance improvement.