Capital Formation and Investment Decision-Making Quiz
5 Questions
0 Views

Choose a study mode

Play Quiz
Study Flashcards
Spaced Repetition
Chat to lesson

Podcast

Play an AI-generated podcast conversation about this lesson

Questions and Answers

Which of the following best describes the decision-making process for investment in physical capital?

  • It is a random process without any conscious decision-making
  • It is influenced by peers, educators, and society
  • It is solely based on the expected rates of return
  • It is based on the knowledge and expertise of the entrepreneur (correct)

    • What is the main factor influencing the ownership of physical capital?

  • The conscious decision of the owner (correct)
  • The economic and technical process
  • The influence of peers and society
  • The expected rates of return

    • When does a substantial part of human capital formation take place?

  • During tertiary level education
  • During childhood with parental and societal influence (correct)
  • During conscious investment decisions
  • When individuals are unable to decide on maximizing their earnings

    • Who influences the decisions regarding human capital investments at the tertiary level?

    <p>Peers and educators</p> Signup and view all the answers

    What is the outcome of conscious investment decisions for capital formation?

    <p>Investment in human capital</p> Signup and view all the answers

    More Like This

    Use Quizgecko on...
    Browser
    Open
    Browser
    Browser