Question : Which type of capital is to be built up with higher incomes?
Option 1: Human capital
Option 2: Physical capital
Option 3: Both of the above
Option 4: None of the above
Correct Answer: Both of the above
Solution : Individual education spending allows for the development of human capital in that person. It boosts labor productivity and efficiency. That is why investing in education is just as effective as investing in physical capital. Hence option c is the correct answer.
Question : Which type of capital is completely mobile between countries?
Question : Which type of capital is considered the most crucial for sustained economic growth?
Question : Does human capital view health and education as ways to increase?
Question : Which of the following statement are true: Statement 1: Positive outlook is brought about by human capital formation. Statement 2: Human capital formation ensures a higher participation rate.
Question : Human capital refers to:
Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile