The type of human capital formation that occurs in the business sector is called

A. vocational education.
B. business education.
C. on-the-job training.
D. productivity enhancement.

Answer: C

Economics

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The price elasticity of demand for a good that is a necessity is likely to be:

A) unit elastic. B) perfectly elastic. C) elastic, but not perfectly elastic. D) inelastic.

Economics

From Elizabeth I to George III, England strongly influenced the institutional structure of colonial America. This influence is realized today on which of the following fronts?

(a) Private property rights (b) The role of international trade and finance in the U.S. economy (c) Population growth through immigration (d) All of the above

Economics