A. can make any worker into a superstar
B. increases human capital and the wages of workers
C. only helps firms sort workers into high ability and low-ability workers
D. reduces the wage gap between high-skill and low-skill workers.
Related Mcqs:
- According to the human capital view of education ?
A. has no impact on the human capital of workers?
B. increases human capital and the wages of workers
C. can make any worker into a superstar
D. only helps firms sort workers into high ability and low-ability workers. - According to the simple Keynesian view the aggregate supply curve is ?
A. downward sloping over all levels of output
B. upward sloping over all levels of output
C. horizontal until it reaches full capacity and then becomes vertical
D. vertical until it reaches full capacity and then becomes horizontal - The opportunity cost of acquiring education is ?
A. course fees
B. course fees and living expenses
C. the earnings foregone
D. Course fees living expenses and textbook - Shortly after 1979 World Bank introduced loans that emphasized reforms in trade, agriculture industry public enterprise financial energy education or other sectors and were know as ?
A. Structural adjustment loans
B. sectoral adjustment loans
C. internal adjustment loans
D. external leverage loans - Shortly after 1979 World Bank introduced loans that emphasized reforms in trade, agriculture industry public enterprise financial energy education or other sectors and were known as ?
A. Structural adjustment loans
B. sectoral adjustment loans
C. internal adjustment loans
D. external leverage loans - Organized family-planning programs and the demand for birth control resulting from urbanization, modernization, economic development and increased education have contributed to ?
A. a decline in fertility
B. The demographic transition from stage 3 to stage 2
C. increases in the ratio of labor to capital
D. an increase in the dependency ratio - Which of the following is Not True about education in LDCs ?
A. Public expenditure per student for higher education is about ten times as high as for primary education
B. The expansion of primary education redistributes benefits from the rich to the poor
C. Economists unanimously agree that LDCs should put greater priority on primary education
D. Boys are sent to schools far more often than girls - Based on Mankiw Romer and Weil (1992) with conditional convergence holding fertility rates, education and government spending as a share of GDP constant ?
A. income per capita is the same regardless of poor or rich countries
B. income per capita in poor countries grows faster than in rich countries
C. income per capita in rich countries grows faster than in poor countries
D. income per capita in poor countries grows conditional upon foreign aid - one of the tenets of the classical view of the labor market is that the wage adjustments that are necessary to clear the labor market occur ?
A. quickly
B. slowly
C. very infrequently
D. instantly - The view of the Phillips curve that prevailed in the 1960s implied that policies that ?
A. lower unemployment rate will tend to lower the inflation rate
B. lower unemployment rate will tend to raise the inflation rate
C. raise inflation rate will tend to raise the unemployment rate
D. lower inflation rate will tend to raise the unemployment rate
