Which of the Following Is a Basic Assumption of Human

question 4

Multiple Choice

Which of the following is a basic assumption of human capital theory?

• A) Investment in human capital pays off only for certain groups of workers.
• B) Jobs with the highest rewards make the biggest economic contribution to society.
• C) Only employers and workers are involved in the labour market, but not government.
• D) Workers compete for jobs in two segregated labour markets.

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Definitions:

Company Car

A vehicle provided by a company for the business and sometimes personal use of its employees.

Units-of-Activity Method

A depreciation method that calculates an asset's expense based on its usage, activities, or units of production, rather than the passage of time.

Depreciation

The process of allocating the cost of a tangible asset over its useful life, reflecting wear and tear or obsolescence.

Estimated Residual Value

The anticipated value of an asset at the end of its useful life.