Which of the following statements regarding human capital is INCORRECT?
A) The accumulation of human capital is the source of both increased productivity and technological advance.
B) Education is the only vehicle for the creation of human capital because training simply reinforces what has already been learned.
C) Writing and mathematics, the most basic of human skills, are crucial elements in economic progress.
D) Human capital is the accumulated skill and knowledge of human beings.
Correct Answer:
Verified
Q205: Human capital is, in part, the
A) stock
Q206: Growth accounting is a method of
A) measuring
Q207: During World War II, the increasing productivity
Q208: is the knowledge and skill that people
Q209: Human capital is
A) the investment people make
Q211: The calculation of the contribution of an
Q212: The purpose of growth accounting is to
Q213: If capital per hour of labor decreases,
Q214: Separating the sources of economic growth is
Q215: Human capital is the
A) plant and equipment
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