Examlex
Which of the following taxes would be deducted in determining an employee's net pay?
Human Capital Investment
Spending on education, training, health, and other personal capacities that improve an individual's productivity and quality of life.
Short Run
A time period in which at least one factor of production is fixed, limiting the ability of firms to adjust to market changes.
Long Run
A period in which all factors of production and costs are variable, allowing full industry adjustment.
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