You Have Asked the HR Department at Your Company to Design

question 38

Multiple Choice

You have asked the HR department at your company to design a program through which new employees who have poor literacy will be trained in such a way that they will at least be able to perform their respective job duties.The HR department will most likely suggest a:

• A) general literacy program.
• B) functional literacy program.
• C) pre-literacy program.
• D) cross-functional literacy program.

Realize the significance of corrective taxes and tolls in addressing overuse of common resources and congestion.

Understand the economic rationale behind licensing for hunting, fishing, and other uses of common resources.

Grasp how pollution is related to the Tragedy of the Commons and the role of regulations or corrective actions in addressing negative externalities.

Recognize the role of property rights in efficient market allocation.

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Definitions:

RAM

Short for Random Access Memory, a type of computer memory that is used to store working data and machine code currently in use.

Memory

In computing, refers to the components or devices where data can be stored and accessed, typically RAM (Random Access Memory) and storage memory like hard drives or SSDs.

Pointer

A pointer is a graphical symbol on a computer screen or interface that indicates where user interaction, such as clicks or selections, will occur.

Mouse

A pointing device used to interact with a computer interface by detecting two-dimensional motion relative to its surface.