Training can have all of the following market imperfections EXCEPT
A) The creation or enhancement of heterogeneous labor
B) imperfect information about training program quality
C) problems with ownership of the benefits of training
D) a lack of certification standards for skills.
E) None, all of the above are possible imperfections
Correct Answer:
Verified
Q1: Which of the following is definitely not
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Q3: In order to clearly pass a cost-benefit
Q4: The basic categories of job skills in
Q6: If a minimum wage covers only part
Q7: The largest federal training program as of
Q8: The president most associated with job training
Q9: Developed nations deal with labor market imperfections
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