When interest rates rise, how does this affect the present value of human capital investment? A. It
Question:
When interest rates rise, how does this affect the present value of human capital investment?
A. | It has no effect on present value and human capital investment. | |
B. | It raises the present value. | |
C. | It makes human capital investment more worthwhile. | |
D. | It makes human capital investment less worthwhile. |
When choosing to pursue college full-time, the costs that must be taken into account in a benefit-cost analysis include:
A. | tuition and local transportation costs. | |
B. | tuition and room and board. | |
C. | tuition and forgone earnings during the time in college. | |
D. | room and board and the forgone earnings during the time in college |
As one progresses through his or her working life, the average income tends to _____, holding the level of education constant.
A. | fall then rise | |
B. | constantly fall | |
C. | constantly rise | |
D. | rise then fall |
Which of these is an example of human capital investment?
A. | traveling to Beijing to study Chinese in hopes of pursuing a job at a consulate | |
B. | taking a break from school to pursue a new hobby | |
C. | purchasing a corporate bond in a technology company | |
D. | participating in an employer's retirement savings plan that matches contributions |
People who believe that success in one's career depends largely on one's innate intellect and work ethic would argue that a college education:
A. | is the most important tool for earning higher income. | |
B. | is useful to the extent that it allows people to signal their natural talents. | |
C. | gives people the tools to pursue a specific career path. | |
D. | has absolutely no value or usefulness at all. |