The Salary Gains from Specific Training in Human Capital Tend

question 13

Multiple Choice

The salary gains from specific training in human capital tend to go to the:

• A) employing firm, not the individual.
• B) federal government in higher taxes.
• C) individual, not the employing firm.
• D) parents, since they paid the education in the first place.

Recognize the role of productivity in determining a country's standard of living.

Understand the influence of human and physical capital on productivity.

Grasp the effects of population growth and education on economic outcomes.

Understand the importance of property rights and government policies in economic development.

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Definitions:

Operational Definition

A clear, precise description of a variable or condition in terms of the specific process or set of validation tests used to determine its presence and quantity.

Tiredness

The state of feeling a need to rest or sleep due to lack of energy or exhaustion.

Dependent Variable

The variable in a study that represents the result of the events and processes.

Aggressive Behavior

Characterizes actions or practices that are intended to harm or intimidate another person, whether physically, verbally, or psychologically.