Which of the Following Is the Best Example of an Investment

question 16

Multiple Choice

Which of the following is the best example of an investment in human capital?

• A) on-the-job training received by an apprentice electrician
• B) an increase in the number of hours worked per week by a worker in an unskilled laboring job
• C) the purchase of company stock by a worker
• D) payments into a retirement pension plan by a skilled laborer

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Definitions:

Shortage

A situation in which the demand for a good or service exceeds its supply at a particular price.

Surplus

An excess of production or supply over demand, often leading to a decrease in prices.

Lower Labor Productivity

A condition where there is a decrease in the amount of goods or services produced per unit of labor.

Technology Production

The process of designing, manufacturing, and introducing new technological goods or services.