38. Investments in human capital do not include ... 1. The cost of education 2. Expenses for professional training of a person 3. The cost of creating jobs
38. Investments in human capital do not include ... 1. The cost of education 2. Expenses for professional training of a person 3. The cost of creating jobs
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Question
![38. Investments in human capital
do not include ...
1. The cost of education
2. Expenses for professional
training of a person
3. The cost of creating jobs
4. The medical costs of the person
39. How can the monetary
aggregate L be represented?
1. MO + checking deposits +
demand deposits
2. M1 + small term deposits
3. M2 + large term deposits
4. M3 + securities (government
bonds)](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F7ca0382a-5e71-4bdb-a920-806dc5258999%2F364617ac-f041-4f01-b902-48008f09d6a8%2Foqz0p2k_processed.jpeg&w=3840&q=75)
Transcribed Image Text:38. Investments in human capital
do not include ...
1. The cost of education
2. Expenses for professional
training of a person
3. The cost of creating jobs
4. The medical costs of the person
39. How can the monetary
aggregate L be represented?
1. MO + checking deposits +
demand deposits
2. M1 + small term deposits
3. M2 + large term deposits
4. M3 + securities (government
bonds)
![40. The situation where a large
number of workers with the same
qualifications offer their work to a
large number of competing firms
in the labor market is called...
1. Completely competitive labor
market
2. The monopsony
3. Monopoly
4. Oligopoly
41. Under what conditions does the
company's profit become
maximum?
1. TR>TC
2. MR > MC
3. TR=TC
4. MR = MC.
42. In determining GDP by the
expenditures it does not include ...
1. Consumer spending
2. Gross private domestic
investment
" 3. Wages of employees
4. Government expenditures](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F7ca0382a-5e71-4bdb-a920-806dc5258999%2F364617ac-f041-4f01-b902-48008f09d6a8%2Fcg1ggsq_processed.jpeg&w=3840&q=75)
Transcribed Image Text:40. The situation where a large
number of workers with the same
qualifications offer their work to a
large number of competing firms
in the labor market is called...
1. Completely competitive labor
market
2. The monopsony
3. Monopoly
4. Oligopoly
41. Under what conditions does the
company's profit become
maximum?
1. TR>TC
2. MR > MC
3. TR=TC
4. MR = MC.
42. In determining GDP by the
expenditures it does not include ...
1. Consumer spending
2. Gross private domestic
investment
" 3. Wages of employees
4. Government expenditures
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