Which of the Following Is an Example of an Investment

question 14

Multiple Choice

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

• A) a law student who works as a waiter in the summer
• B) on-the-job training received by an apprentice welder
• C) payments into a retirement pension plan by a skilled laborer
• D) all of the above are correct.

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Definitions:

Conventional Merger

The combination of two or more companies into a single entity through the acquisition or pooling of interests.

Horizontal

A term often used to describe expansion or growth across a single level or area, rather than vertically or hierarchically.

Rule of Reason

Mere size is no offense. Market conduct rather than market share should determine whether antitrust laws have been violated.

Standard Oil

An American oil producing, refining, and transporting company established by John D. Rockefeller and partners in the late 19th century that became synonymous with monopolistic practices before being broken up by the U.S. government.