Economists Refer to Expenditures on Training, Education, and Skill Development

question 98

Multiple Choice

Economists refer to expenditures on training, education, and skill development designed to increase the productivity of an individual as

• A) overhead expenditures.
• B) investments in human capital.
• C) non-exhaustive expenditures.
• D) social capital.

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Definitions:

Common Stock

A type of equity security that represents ownership in a corporation, giving the holder a share in the company's profits and losses.

Market Price

The current purchase or sale price of an asset or service in the market.

Return on Equity

A measure of a corporation's profitability relative to stockholders’ equity, indicating how effectively management is using a company's assets to create profits.

Cash Coverage Ratio

This is a measure of a company's ability to cover its debt obligations with its available cash and cash equivalents.