The investment in human capital through education and training can result in

Question

Quizplus · Accepted Answer

Investment in human capital through education and training improves the skills and knowledge of workers, which ultimately enhances their productivity. This leads to an increase in output per labor hour, making option A the correct choice. Option B is incorrect because factor mobility refers to the ability to move production factors (e.g. labor and capital) between different sectors of the economy. Option C is incorrect because education and training do not necessarily reduce the level of capital intensity. Option D is incorrect because education and training lead to an increase in output per labor hour, not a reduction.

The Investment in Human Capital Through Education and Training Can