Governments may intervene in the provision of training
A) Because governments are more efficient in the providing such training
B) Because employers cannot afford to train workers
C) Because there are skill shortages
D) Because there may be an under-provision of training otherwise.
Correct Answer:
Verified
Q1: The Mincer human capital model uses years
Q2: The earnings function is endogenous because
A) Higher
Q3: The sheepskin model
A) Suggests that returns are
Q4: The positive relationship between earnings and job
Q5: Employers make use of screening devices because
A)
Q6: The costs of general and specific training
Q7: The incentive to train is a function
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