What is meant by human capital, and what is meant by the idea of investment in...
What is meant by the globalization of human capital? Is this inevitable as companies increase their global operations? How do? And why?
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....
What are the advantages of using capital in the production process? What is meant by the term "division of labor"? What are the advantages of specialization in the use of human and material resources? Explain why exchange is the necessary consequence of specialization.
Discuss the idea that effective capital investments produce a positive net-present value through improving a firm’s competitive advantage. Take care to explain what you mean by competitive advantage, and to illustrate your answer by reference to one or more relevant examples.
Pret 32. Investment in a physical capital, unlike investment in human capital, has an opportunity cost. b. physical capital, like investment in human capital, has an opportunity cost. c. human capital is particularly attractive because it involves no externalities, d. human capital has been shown to be relatively unimportant, relative to investment in physical capital, for a country's long-run economic success.
Investment in human capital is very similar to investing in physical capital. True or false? Explain your answer.
Explain what is meant by “contribution analysis”. Carefully define the term and provide examples to illustrate it.
Explain what is meant by the time value of money. Why is it important? Why is the present value of $100 that you expect to receive one year from today worth less than $100 received today? How does simple interest compare to compound interest? Which is more desirable to an investor? Why? How does the frequency of compounding affect returns?
explain what is meant by the issue of a Cobb-Douglas production being similar to a recipe with no steps. How does the Leontief production function deal with this problem? Give a real world example! (Hint: think about the output of an jazz band that produces music, where the inputs are the number of musicians - labor - and the number of instruments - capital.)