Which of the following is true of human capital investments?
A) They do not include on-the-job training.
B) They increase the rate of unemployment in a locality.
C) They discourage individuals from entering the labor market.
D) They lead to a decrease in wages for an individual.
E) They affect a firm's location strategies.

Question

Quizplus · Accepted Answer

Human capital investments can affect a firm's location strategies, as companies may choose to locate in areas where there is an abundance of skilled workers or invest in training programs to develop necessary skills in their workforce. This can also impact the local economy and job market. The other options are incorrect. On-the-job training is a form of human capital investment, human capital investments generally lead to a decrease in unemployment rates, they encourage individuals to enter the labor market, and they typically lead to an increase in wages for an individual.

Which of the Following Is True of Human Capital Investments