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Suppose That Employment Processes Change So That More Human Capital

question 206

Multiple Choice

Suppose that employment processes change so that more human capital is required for a given task. The _____ for human capital will shift right, and the rate of return will _____.


Definitions:

Teleologists

Philosophers or theorists who believe in teleology, the study of design or purpose in natural phenomena.

Cognitive Moral Development

A theory that explains the stages through which an individual progresses as they make moral decisions, based on their cognitive understanding of right and wrong.

Kohlberg

Refers to Lawrence Kohlberg, a psychologist best known for his theory of stages of moral development.

Relativism

A philosophical position that claims that truth and morality are subjective and vary depending on culture or individual perspective.

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