Question 1
A(n) ________ in human capital ________ the productivity of labor.
◦ increase; increases
◦ decrease; increases
◦ increase; has no impact on
◦ decrease; has no impact on
Question 2
Which of the following is an investment in human capital?
◦ The city government green lights the construction of a new concert arena.
◦ Rayburn Tool and Die Company purchases a new die-cutting machine.
◦ Displaced workers return to school to update their skills.
◦ Thompson Temp Agency replaces its desktop computers with laptop computers.