Which of the following is not part of a worker’s human capital ?

Related Mcqs:

1. If the total product of two workers is 80 and the total product of 3 workers is 90 then the average product of the third worker is ________ and the marginal product of the third worker is _________?

   A. 160; 270
   B. 10; 30
   C. 10; 3.33
   D. 30; 10

2. The growth rates of economies tend to converge because ________ is easier when capital per worker is low and because of?

   A. capital-widening technical innovation
   B. capital-widening Catch-up in technology
   C. capital-deepening technical innovation
   D. capital-deepening, catch-up in technology

3. All of the following would tend to increase a worker’s wage except ?

   A. Working the night shift
   B. working harder
   C. more education
   D. having a greater amount of natural ability
   E. doing a job that is fun

4. Guest worker programs usually result in temporary migration of workers from ?

   A. impoverished countries to impoverished countries
   B. impoverished countries to wealthy countries
   C. wealthy countries to wealthy countries
   D. wealthy countries to impoverished countries

5. In a competitive economy, a worker earns an income equivalent to ?

   A. The amount of brain drain
   B. Marginal utility
   C. Marginal Product
   D. The substitutability of labor to capital

6. Worker-managed socialism helped contribute to ________ ‘s rapid economic growth from 1959 to 1979?

   A. Yugoslavia
   B. Chile
   C. Vietnam
   D. Japan

7. When capital is owned by the firm as opposed to being directly owned by household capital income may take any of the following forms except ?

   A. interest
   B. dividends
   C. increases in stocks of goods
   D. retained earnings

8. Human capital can be described as ?

   A. the tools used by workers to enhance productivity
   B. a person inherited ability
   C. the stock of expertise accumulated by a worker
   D. education

9. 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.

10. The Human Development Report 2003, which assumes that poverty is multidimensional calculates a human poverty index based on which of the following measures of deprivation ?

    I- probability at birth of not surviving to age 40
    II- adult illiteracy rate
    III- negative economic growth
    IV- lack of a decent standard of living

    A. I and II only
    B. III and IV only
    C. I, II and III only
    D. I, II and IV