Question 1
Which of the following is
not an investment in human capital?
◦ Local governments begin providing free hepatitis vaccinations to any resident who wants one.
◦ The Precision Tool Company teaches all its workers how to repair all the machines in the factory.
◦ Older workers return to school to update their skills.
◦ The Ferris Advertising Agency replaces its secretaries' typewriters with personal computers.
Question 2
Which of the following is
not an investment in human capital?
◦ An individual decides to enroll in a vocational training program.
◦ A firm engages in on-the-job training.
◦ The government expands its programs to improve health care.
◦ The government increases the level of unemployment benefits.