Compared to a similar job that requires little human capital, a job that requires a large amount of human capital will likely pay:

Question

Quizplus · Accepted Answer

A job that requires a large amount of human capital will typically require more education or training, and as a result, will typically pay a higher wage rate than a similar job that requires little human capital. This is because the investment in human capital adds value to the worker and makes them more productive, which justifies the higher wage rate.

Compared to a Similar Job That Requires Little Human Capital