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

---

Definitions:

Schema of Wheeled Vehicles

A cognitive framework or concept that organizes and interprets information related to vehicles with wheels, such as cars, bikes, and trucks.

Assimilated

The process of fully understanding or integrating ideas, information, or culture into one's own knowledge base or cultural understanding.

Tory

Historically, a term used to describe a member or supporter of the Conservative Party in the United Kingdom.

Romantic Love

A deep emotional, sexual, and affectional attraction that is often the foundation of intimate relationships.