Human capital is defined as the
A) accumulated skill and knowledge of human beings.
B) number of factories built for human beings.
C) skills that people are born with.
D) amount of machinery human beings have.
E) accumulated amount of machinery and factories human beings own.
Correct Answer:
Verified
Q38: Q39: As additional units of labour hours are Q40: For a household, the opportunity cost of Q41: One possible way of achieving faster economic Q42: According to the new growth theory, which Q44: The effect of an increase in labour Q45: Property rights Q46: Economic freedom provides the Q47: If real GDP is $1,200 billion, the Q48: As labour productivity is higher in the
A) include physical, financial and intellectual
A) incentive system that
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