Knowledge, technical skill, education etc. in economics, are regarded as - (1) social-overhead capital (2) human capital (3) tangible physical capital (4) working capital

1 Answer

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 as to produce economic value. It is an aggregate economic view of the human being acting within economies, which is an attempt to capture the social, biological, cultural and psychological complexity as they interact in explicit and/or economic transactions.

Related questions

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 : 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 : Basic infrastructure facilities in Economics are known as : (1) Human capital (2) Physical capital (3) Social overheads capital (4) Working capital

Last Answer :  Social overheads capital

Description : Seawater, fresh air, etc., are regarded in Economics as - (1) Giffen goods (2) inferior goods (3) free goods (4) normal goods

Last Answer : (3) free goods Explanation: Free goods are what is needed by the society and is available without limits, The free good is a term used in economics to describe a good that is not scarce. A free good is available in as great a quantity as desired with zero opportunity cost to society.

Description : Seawater, fresh air, etc., are regarded in Economics as (1) Giffen goods (2) inferior goods (3) free goods (4) normal goods

Last Answer : free goods

Description : In a business, raw materials, components, work in progress and finished goods are jointly regarded as - (1) capital stock (2) inventory (3) investment (4) net worth

Last Answer : (2) inventory Explanation: Inventory refers to raw materials, work-in-process goods and completely finished goods that are considered to be the portion of a business's assets that are ... of the primary sources of revenue generation and subsequent earnings for the company's shareholders/owners.

Description : In the balance of payments account, unrequited receipts and payments are also regarded as - (1) bilateral transfers (2) unilateral transfers (3) capital account transfers (4) invisible transfers

Last Answer : (2) unilateral transfers Explanation: Unrequited receipts and payments are also regarded as unilateral transfers as the flow is only in one direction with no automatic reverse flow in the other ... borrowings nor lending, but gifts and grants exchanged between governments and people in the world.

Description : In the balance of payments account, unrequited receipts and payments are also regarded as (1) bilateral transfers (2) unilateral transfers (3) capital account transfers (4) invisible transfers

Last Answer : unilateral transfers

Description : In a business, raw materials, components, work in progress and finished goods are jointly regarded as (1) capital stock (2)inventory (3) investment (4)net worth

Last Answer : inventory

Description : Which of the following would explain an adverse variable production overhead efficiency variance? 1. Employees were of a lower skill level than specified in the standard 2. Unexpected idle time resulted from a series of machine breakdown 3. ... b) (1) and (2) (c) (2) and (3) (d) (1) and (3)

Last Answer : (d) (1) and (3)

Description : The integrated national professional organization of Certified Public Accountants accredited by the BOA and the PRC per PRC accreditation No. 15 dated October 2, 1975. a. Philippine Institute of Certified ... (AASC) c. Financial Reporting Standards Council (FRSC) d. Education Technical Council (ETC)

Last Answer : Philippine Institute of Certified Public Accountants (PICPA)

Description : Could you please comment for as long as possible of what are the meaning and the implications (in mathematical, statistical, probabilistical, economical, technical terms etc.) of the following three types of baseball contract?

Last Answer : It seems that he would be guaranteed a starting point of 15 million per inning pitched; But it comes down to how many innings he pitches per season, and how many runs are scored, both earned and unearned, while he pitches. If done in the US, some pitchers would do very well.

Description : )The engineer of the project in the planning phase and makes a significant contribution to the  technical scope. This is an example of what type of skill and knowledge? 1. Inherent  2. Stakeholder  3. Technical evaluation  4. Convergent thinking

Last Answer : 2. Stakeholder

Description : The 'total capital investment' for a chemical process plant comprises of the fixed capital investment and the (A) Overhead cost (B) Working capital (C) Indirect production cost (D) Direct production cost

Last Answer : (B) Working capital

Description : What does a Leasing Company provide? (1) Machinery and capital equipment on hire (2) Legal guidance in establishing an enterprise (3) Office accommodation on hire (4) Technical consultancy and experts for a fee

Last Answer : (1) Machinery and capital equipment on hire Explanation: Leasing is a process by which a firm can obtain the use of a certain fixed assets for which it must pay a series of contractual, ... . Leasing provides opportunities to use available money to operate assets that can make more money over time.

Description : Economic growth in India will happen necessarily if there is a. Population growth b. Capital formation c. Technical progress in the global economy d. All the above

Last Answer : b. Capital formation Capital formation refers to investment in tools, machinery, buildings etc.

Description : What does a Leasing Company provide ? (1) Machinery and capital equipment on hire (2) Legal guidance in establishing an enterprise (3) Office accommodation on hire (4) Technical consultancy and experts for a fee

Last Answer : Machinery and capital equipment on hire

Description : What is the first factor of Industrial Development? A. Design B. surplus of technical skill C. Planning D. Motivation

Last Answer : C. Planning

Description : Gross National Product is the money measure of - (1) all tangible goods produced in a country (2) final goods and services produced in the economy (3) services generated annually in the economy (4) all tangible goods available in the economy

Last Answer : (2) final goods and services produced in the economy Explanation: Gross national product (GNP) is the market value of all products and services produced in one year by labour and property supplied ... (including income of those located abroad), minus income of non-residents located in that country.

Description : Gross National Product is the money measure of (1) all tangible goods produced in a country (2) final goods and services produced in the economy (3) services generated annually in the economy (4) all tangible goods available in the economy

Last Answer :  final goods and services produced in the economy

Description : Economics classifies the manmade instrument of production as: (1) Organization (2) Capital (3) equipment (4) labour

Last Answer : (2) Capital Explanation: Some economists have classified factors into two categories, land and labour (or nature and man) on the ground that they are the only original or primary factors. ... . However, other economists include all man-made instruments for production in the category of Capital.

Description : What is the term in economics for the consumption of fixed capital? a) Investment b) Value added c) Production flow d) Depreciation

Last Answer : d) Depreciation

Description : Economics classifies the manmade instrument of production as : (1) organization (2) capital (3) equipment (4) labour

Last Answer : capital

Description : 9. Skills that embodied in a person are called a. Human capital b. Embodied skills c. Physical capital d. Experience skills

Last Answer : a. Human capital

Description : What are your thoughts on the attempts by the Texas state board of education to apparently whitewash new curriculum standards for teaching social studies, history, and economics to K-12 public school students?

Last Answer : It is a travesty. To me, this is similar to the thinly veiled attempts to introduce intelligent design into the science curriculum and then say that it isn’t creationism redux. Instead of calling it history, now we’ll just call it Intelligent Past.

Description : One of the following is 'Labour' in Economics. (1) A Musician performing for a benefit fund (2) A Painter working for his own pleasure (3) Reading a book as a hobby (4) A Mother teaching her own son

Last Answer : (1) A Musician performing for a benefit fund Explanation: Labour includes both physical and mental work undertaken for some monetary reward. In this way, workers working in factories, services of ... not undertaken for getting income, but simply to attain pleasure or happiness, is not labour.

Description : One of the following is ‘Labour’ in Economics. (1) A Musician performing for a benefit fund (2) A Painter working for his own pleasure (3) Reading a book as a hobby (4) A Mother teaching her own son 

Last Answer : A Musician performing for a benefit fund

Description : The principle of maximum social advantage is the basic principle of - (1) Micro Economics (2) Macro Economics (3) Fiscal Economics (4) Environmental Economics

Last Answer : (3) Fiscal Economics Explanation: The 'Principle of Maximum Social Advantage', introduced by British economist Hugh Dalton, is the fundamental principle of Public Finance which implies that all ... problems related to government taxation and spending, it comes under the domain of fiscal economics.

Description : The principle of maximum social advantage is the basic principle of (1) Micro Economics (2) Macro Economics (3) Fiscal Economics (4) Environmental Economics

Last Answer : Fiscal Economics

Description : Which of the following accurately categorizes the Machines an Organization uses ? A. Tangible, Financial Resources B. Intangible, Financial Resources C. Tangible, Intellectual Capital D. Tangible, Physical Resources

Last Answer : Tangible, Physical Resources

Description : An intangible asset a. does not have physical substance, yet often is very valuable. b. is worthless because it has no physical substance. c. is converted into a tangible asset during the operating cycle. d. cannot be classified on the balance sheet because it lacks physical substance.

Last Answer : a. does not have physical substance, yet often is very valuable.

Description : Explain the meaning of Physical Capital . Explain its two types with the help of suitable examples -Economics 9th

Last Answer : The physical capital is the variety of inputs required at every stage during production. Its types are as follows: Fixed Capital:Tools, machines, buildings can be used in production over many ... hand are called working capital. Unlike tools, machines and buildings,these are used up in production.

Description : Which statement is true, with respect to Corporate Level Managers' (CEO's, VP's etc)? A. Translate action-oriented, corporate level direction and intent into concrete objectives and strategies for SBU' ... level of Technical Skills C. Demand a high level of Human Skills D. None of these options

Last Answer : None of these options

Description : Which statement is true, with respect to Corporate Level Managers' (CEO's, VP's etc)? A. Translate action-oriented, corporate level direction and intent into concrete objectives and strategies for SBU' ... level of Technical Skills C. Demand a high level of Human Skills D. None of these options

Last Answer : None of these options

Description : Education refers to the respect and admiration with which an occupation is regarded by society.

Last Answer : Correct underlined words and complete the sentence : Education refers to the respect and admiration with which an occupation is regarded by society.

Description : Which one of the following is not a department in the Ministry of Human, Resource Development? (1) Department of Elementary Education and Literacy (2) Department of Secondary Education and Higher Education (3) Department of Technical Education (4) Department of women and child development

Last Answer : (4) Department of women and child development Explanation: Department of women and child development is not a department under Ministry of Human Resource Development.

Description : Blanket overhead rate is: (a) One single overhead absorption rate for the whole factory (b) Rate which is blank or nil rate (c) rate in which multiple overhead rates are calculated for each production department, service  department etc. (d) Always a machine hour rate

Last Answer : One single overhead absorption rate for the whole factory

Description : Social engineering the ____ of exploiting the human elements to gain access to unauthorized resources. a. Art b. Science c. Hacking d. Skill

Last Answer : a. Art

Description : Fixed cost is known as - (1) Special cost (2) Direct cost (3) Prime cost (4) Overhead cost

Last Answer : (4) Overhead cost. Explanation: Fixed costs are business expenses that are not dependent on the level of goods or services produced by the business. They tend to be time-related, such as salaries or ... is in contrast to variable costs, which are volume-related (and are paid per quantity produced).

Description : Fixed cost is known as (1) Special cost (2) Direct cost (3) Prime cost (4) Overhead cost

Last Answer :  Overhead cost

Description : What is Value Added Tax (VAT)? (1) A simple, transparent, easy to pay tax imposed on consumers (2) A new initiative taken by the Government to increase the tax-burden of high income groups (3) A ... like, surcharge, turnover tax, etc. (4) A new tax to be imposed on the producers of capital goods

Last Answer : (3) A single tax that replaces State taxes like, surcharge, turnover tax, etc. Explanation: A value added tax (VAT) is a form of consumption tax. A VAT is like a sales tax in that ... under the single tax system based primarily or exclusively on one tax, typically chosen for its special properties.

Description : What are Capital goods? a) Goods used for consumption in the production process b) Goods such as tools, machinery, etc which are used to create final consumer goods c) Goods and services that are consumed fully when purchased by the consumers d) None of the above

Last Answer : : b) Goods such as tools, machinery, etc which are used to create final consumer goods

Description : What is Value Added Tax (VAT) ? (1) A simple, transparent, easy to pay tax imposed on consumers (2) A new initiative taken by the Government to increase the tax-burden of high income groups (3) A ... like, surcharge, turnover tax, etc. (4) A new tax to be imposed on the producers of capital goods 

Last Answer : A single tax that replaces State taxes like, surcharge, turnover tax, etc. 

Description : When it comes to your best friend, what attribute/skill/quirk/etc. do love the most?

Last Answer : I’m in the market for a best friend at this point.

Description : Give me an example of your creativity (analytical skill…managing ability, etc.) 

Last Answer : TRAPS: The worst offense here is simply being unprepared. Your hesitation may seem as if you're having a hard time remembering the last time you were creative, analytical, etc. BEST ANSWER: Remember ... could be used as an example of creativity, or analytical ability, or your ability to manage.    

Description :  In order to give effective guidance to the learning of a skill, the instructor must necessarily be able Options: A) To execute the skill with a high degree of perfection B) To execute the skill ... be learned D) To foresee and forestall the development of bad habits, the occurrence of plateaus, etc

Last Answer : C) To develop in the student's insight into the nature of the skill to be learned 

Description : Do you think most jobs/careers pay fairly for the skill requirements, level of importance, education required and danger factor considerations themselves?

Last Answer : answer:I think that many office jobs (especially managerial) are overpaid whereas many manufacturing jobs are a bit underpaid. I know for a fact that I am earning less than half of what the average person in ... at my level of experience/skill earns, but times are tough and I need what I can get.

Description : Pradhan mantri yuva yojana -entrepreneurship education &training scheme launched by which ministry?? a.Ministry of Skill Developmentand Entrepreneurship b.Ministry of Agriculture c.Ministry of rural development d.Ministry of women and children development

Last Answer : a.Ministry of Skill Developmentand Entrepreneurship

Description : According to the Code of Ethics, thecharacteristics distinguishing the accountancy profession include the following except: a. To meet public interest requirement. b. Adherence by its members to a common ... a whole. d. Mastery of a particular intellectual skill, acquired by training and education

Last Answer : To meet public interest requirement

Description : A profession is distinguished by certain characteristics including: a. Mastery of a particular intellectual skill, acquired by training and education. b. Adherence by its members to a common code of values and conduct ... objective. c. Acceptance of a duty to society as a whole. d. All of these.

Last Answer : All of these.