In Calculating the Social Rate of Return on a Human

question 41

Multiple Choice

In calculating the social rate of return on a human capital investment one would:

• A)deduct taxes from incremental earnings
• B)treat public subsidies to education as a part of the costs
• C)exclude any external benefits associated with the investment
• D)treat public subsidies to training as part of the benefits

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Definitions:

Class Sizes

Refers to the number of students enrolled in a given class or course, which can impact teaching methods and student learning outcomes.

Top-Quality Education

Education of the highest standard that aims to maximize the learning and development potential of students.

Information Technology

The use of computers, storage, networking, and other physical devices, infrastructure, and processes to create, process, store, secure, and exchange all forms of electronic data.

Fuel Efficiency

A measure of how effectively a vehicle uses fuel, often expressed as the distance traveled per unit of fuel.