Description : 10. “Treating an individual as typical of a group” is the definition of a. pure discrimination b. statistical discrimination c. human capital d. specific skills
Last Answer : b. statistical discrimination
Description : Basic infrastructure facilities in Economics are known as : (1) Human capital (2) Physical capital (3) Social overheads capital (4) Working capital
Last Answer : (3) Social overheads capital Explanation: Social overheads capital is the capital spent on social infrastructure, such as schools, universities, hospitals, libraries. They are capital goods of ... government. Examples of social overhead capital include roads, schools, hospitals, and public parks.
Description : Knowledge, technical skill, education etc. in economics, are regarded as - (1) social-overhead capital (2) human capital (3) tangible physical capital (4) working capital
Last Answer : (2) human capital Explanation: Human capital is the stock of competencies, knowledge, social and personality attributes, including creativity, embodied in the ability to perform labor so ... biological, cultural and psychological complexity as they interact in explicit and/or economic transactions.
Last Answer : Social overheads capital
Description : Knowledge, technical skill, education etc. in economics, are regarded as (1) social-overhead capital (2) human capital (3) tangible physical capital (4) working capital
Last Answer : human capital
Description : Criteria that are embodied in laws or regulations, or issued by authorized or recognized bodies of experts that follow a transparent due process are called: a. Suitable criteria b. General criteria c. Established criteria d. Specifically developed criteria
Last Answer : Established criteria
Description : The Montague-Chelmsford scheme of Constitutional Reforms was embodied in the Government of India Act, 1919. -SST 10th
Last Answer : Dyarchy of Dual Government in the Provinces: Under the Dyarchy the subjects to be dealt by the Provincial Government were divided into: (i) Reserved subjects, (ii) Transferred subjects. Central ... also given the right to vote. The Act extended the communal franchise to other communities also.
Description : What is the idea of embodied cognition?
Last Answer : Thinking is support by the body
Description : Which one of the following liberties is not embodied in the Preamble to the Constitution of India? (1) Liberty of thought (2) Liberty of expression (3) Liberty of belief (4) Economic liberty
Last Answer : (4) Economic liberty Explanation: Economic liberty is not embodied in the Preamble to the constitution of India.
Description : Which one of the following objectives is not embodied in the Preamble to the Constitution of India? (1) Liberty of thought (2) Economic liberty (3) Liberty of expression (4) Liberty of belief
Last Answer : (2) Economic liberty Explanation: Read the preamble given in any school textbook: "We, the people of India,LIBERTY of thought, expression, belief, faith and worship..."So, "B" is the answer.
Description : The criteria to be used for a particular engagement can either be established or specifically developed. Established criteria are those a. Designed for the purpose of the engagement. b. Embodied in laws or ... c. Made available to the intended users. d. Not made available to the intended users.
Last Answer : Embodied in laws or regulations or issued by authorized or recognized bodies of experts that follow a transparent due process
Description : The responsibility for the fairness of the financial assertions that are embodied in the financial statements and in the notes to the financial statements rests: a. With the audit committee. ... management. c. With Securities and Exchange Commission. d. Equally with management and the stockholders
Last Answer : With management
Description : One of the conditions that give rise to a demand for an external audit of financial statements is expertise. Which of the following best describes the meaning of expertise as used in this ... . d. As experts, auditors are expected to detect all material misstatements in the financial statements
Last Answer : Users usually lack the necessary expertise to verify the reliability of the financial information
Description : One of the conditions that give rise to a demand for an external audit of financial statements is expertise. Which of the following best describes the meaning of expertise as used in ... the financial statements must possess the necessary expertise to be able to understand the financial statements.
Last Answer : Users usually lack the necessary expertise to verify the reliability of the financial information.
Description : According to the private property defense of the classical model of corporate social responsibility, managers who use corporate funds for projects that are not directly devoted to maximizing ... . Stockholders in publicly traded corporations are better understood as investors rather than owners.
Last Answer : C. Investors buy their stocks with the hope of maximizing return on their investment. D. Stockholders in publicly traded corporations are better understood as investors rather than owners.
Description : Investment is equal to : (1) gross total of all types of physical capital assets (2) gross total of all capital assets minus wear and tear (3) stock of plants, machines and equipments (4) None of the above
Last Answer : (2) gross total of all capital assets minus wear and tear Explanation: Capital formation is frequently thought of as a measure of total "investment", in the sense of that portion of ... concept that includes investment in all kinds of capital assets, whether physical property or financial assets.
Description : Investment is equal to - (1) gross total of all types of physical capital assets (2) gross total of all capital assets minus wear and tear (3) stock of plants, machines and equipments (4) None of these
Last Answer : (2) gross total of all capital assets minus wear and tear Explanation: Investment" is a broader concept that includes investment in all kinds of capital assets, whether physical property or financial assets. In ... out the loss in capital value of assets used due to wear & tear, obsolescence, etc.
Last Answer : gross total of all capital assets minus wear and tear
Description : 6. Skills that can be transferred to other employers are called: a. general skills b. specific skills c. non-pecuniary skills d. all of the above
Last Answer : a. general skills
Description : How can I improve my skills in Economics?
Last Answer : answer:I'm not sure what you are asking. There are any number of books - both highly scholarly and more popular - that discuss economics. One of the best basic books is Naked Economics ... business magazines. I would say that 75% of any understanding of economics is simply applying common sense.
Description : Which skills are most likely to be paid for by the employer? a. General skills b. Specific skills c. Educational skills
Last Answer : b. Specific skills c. Educational skill
Description : The basic object of all production is to (1) satisfy human wants (2) provide employment (3) make profits (4) increase physical output
Last Answer : (1) satisfy human wants Explanation: According to Adam Smith, consumption is the sole end and purpose of all production. The goal of production is the satisfaction of human desire. All the processes, by which human labor creates goods and services, bring them to the ultimate consumer.
Last Answer : satisfy human wants
Description : How does the "human capital model" and "labor market discrimination model" explain the gender wage gap?
Last Answer : Labor Market Discrimination Model This site has a pretty good answer on how the labor market discrimination model relates to the gender wage gap. Although it only gives a definition of the model it may ... how it relates to the gender wage gap. http://ideas.repec.org/p/iza/izadps/dp1102.html
Description : 'Capital gains' refers to goods which - (1) serve as a source of raising further capital (2) help in the further production of goods (3) directly go into the satisfaction of human wants (4) find multiple uses
Last Answer : (2) help in the further production of goods Explanation: Capital goods are goods that are used in producing other goods, rather than being bought by consumers. They are tangible assets such as ... uses to produce goods or services in order to produce consumer goods and goods for other businesses.
Description : ‘Capital gains’ refers to goods which (1) serve as a source of raising further capital (2) help in the further production of goods (3) directly go into the satisfaction of human wants (4) find multiple uses
Last Answer : help in the further production of goods
Description : Resume Specialists: Can you help me translate my work experience into a skills list?
Last Answer : Try not to limit yourself to either just one sort of job/industry, nor to just the skills you obtained working at “jobs.” Sometimes the skills you build doing avocations or hobbies are just as important for an employer to know. You may want to check out this book: http://www.jobhuntersbible.com/
Description : What is the best way to add other relevant skills and interests to my resume that are not from work experience?
Last Answer : answer:I'm not sure which type of resume you're using whether it was custom made by another person or if you're using a Microsoft Office version or Works. Both Office (most versions ... agency that will help you with these issues, including formulating resumes and cover letters, for free.
Description : In determining whether the work of the internal auditors is likely to be adequate for purposes of the audit, the external auditor shall evaluate the internal auditor's a. Efficiency and experience b. Competence and objectivity c. Independence and review skills d. Training and supervisory skills
Last Answer : Competence and objectivity
Description : Firm that operate internationally are able to A. earn a greater return from their skills and core competencies B. realize location economies where they can be performed most efficiently C. realize greater experience curve economies, which reduces the cost of production D. All the above
Last Answer : All the above
Description : ------ pricing is possible when a firm is able to reduce its manufacturing costs at a predictable rate through improved methods, materials, skills, and machinery. A)experience-curve B)price leader C)manufacturing based D)production-curve
Last Answer : A)experience-curve
Description : Which source of power is based on an individual's knowledge, special skills, abilities, or previous experience? (a) Referent power ; (b) Expert power ; (c) Referent power ; (d) Legitimate power
Last Answer : (b) Expert power ;
Description : What are some ways one can change their image and physical presentation skills?
Last Answer : I don't have a book to suggest, but I would say becoming a keen observer might help. Try to pinpoint what you admire or are drawn to in the people you want to emulate. Maybe start with their ... eye, wearing clothes that are new or still appear new, being kind to other in the room, including them.
Description : In the context of strategic management resources can be defined as: a) The knowledge and skills within the organization b) Something that an organization owns or controls that cannot be copied c) ... , controls or has access to on a semipermanent basis d) The physical assets of the organization
Last Answer : Something that an organization owns, controls or has access to on a semipermanent basis
Description : In the context of strategic management resources can be defined as: A. The knowledge and skills within the organization B. Something that an organization owns or controls that cannot be copied C. ... , controls or has access to on a semipermanent basis D. The physical assets of the organization
Last Answer : The physical assets of the organization
Description : Whe a large number of investors in a country transfer investments elsewhere because of disturbed economic conditions, it is called - (1) Transfer of Capital (2) Escape of Capital (3) Outflow of Capital (4) Flight of Capital
Last Answer : (4) Flight of Capital Explanation: Flight of capital refers to the movement of money from one investment to another in search of greater stability or increased returns. Sometimes, it ... in massive foreign capital outflows from a specific country, often at times of currency instability.
Description : The sum total of incomes received for the services of labour, land or capital in a country is called (1) Gross domestic product (2) National income (3) Gross domestic income (4) Gross national income
Last Answer : (3) Gross domestic income Explanation: The Gross Domestic Income (GDI) is the total in-come received by all sectors of an economy within a nation. It includes the sum of all wages, profits, ... services), the gross domestic income of a count should exactly equal its gross domestic product (GDP).
Description : The food stocks that are built up during the years of bumper harvest are called : (1) Capital stock (2) Buffer stock (3) Production stock (4) Grain stock
Last Answer : (2) Buffer stock Explanation: Commercial grain stock is the current amount of harvested grain crops stored domestically, including both on-farni and offfarm storage sites. Buffer stocks are ... security during the periods when production is short of normal demand during bad agricultural years.
Description : The tax levied on gross sales revenue from business transactions is called - (1) Turnover Tax (2) Sales Tax (3) Capital Gains Tax (4) Corporation Tax
Last Answer : (1) Turnover Tax Explanation: A turnover tax is similar to a sales tax or a VAT, with the difference that it taxes intermediate and possibly capital goods. It is charged on gross ... turnover tax is levied on all intermediate transactions between businesses leading to and including the final sale.
Description : All of the goods which are scarce and limited in supply are called - (1) Luxury goods (2) Expensive goods (3) Capital goods (4) Economic goods
Last Answer : (4) Economic goods Explanation: In economics, a good is something that is intended to satisfy some wants or needs of a consumer and thus has economic utility. An economic good is a consumable item ... goods (such as air) are naturally in abundant supply and need no conscious effort to obtain them.
Description : The additional capital used per unit of additional production is called a. Induced investment b. Autonomous investment c. Incremental COR d. None of the above
Last Answer : : c. Incremental COR COR refers to the number of units of capital required to produce one unit of output.
Last Answer : Buffer stock
Description : The tax levied on gross sales revenue from business transactions is called (1) Turnover Tax (2) Sales Tax (3) Capital Gains Tax (4) Corporation Tax
Last Answer : Turnover Tax
Description : When a large number of investors in a country transfer investments elsewhere because of disturbed economic conditions, it is called (1) Transfer of Capital (2) Escape of Capital (3) Outflow of Capital (4) Flight of Capital
Last Answer : Flight of Capital
Description : The sum total of incomes received for the services of labour, land or capital in a country is called : (1) Gross domestic product (2) National income (3) Gross domestic income (4) Gross national income
Last Answer : Gross domestic income
Description : All of the goods which are scarce and limited in supply are called (1) Luxury goods (2) Expensive goods (3) Capital goods (4) Economic goods
Last Answer : Economic goods
Description : What human abilities , and skills ,can be quantified and what can not be quantified?
Last Answer : answer:Physical, emotional, and intellectual skills can all be measured and quantified. About the only truly subjective one is artistic talent. Although that may be measured by popularity, but that doesn’t measure the talent as much as it measures popularity.
Description : Left to themselves, will a human child develop basic mathematic skills?
Last Answer : answer:Good question, not sure. If a child grew up with no basic mathematical training, 1+1=2 etc. I am sure, the human child would, eventually, make associations with the amounts of particular items, ... sort of thing. Look at how little children think that 10 pennies are more than one Dime. haha
Description : Two friends, from a very cold town in Minnesota, each had unusual life skills which helped them in their adventures together. The first of the friends was a tall, lanky individual who, at times, ... a man without fear. Can you name the two friends from this very cold Minnesota town? -Riddles
Last Answer : Rocket J. Squirrel and Bullwinkle J. Moose, otherwise known as Rocky and Bullwinkle. The two Russian-like spies (Boris and Natasha) were lead by the infamous Fearless Leader.
Description : Will A leader using human skills will?
Last Answer : Need answer