What does human capital represent?
A) the equipment that labour uses on the job to improve labour productivity
B) a direct method of measuring output per worker
C) the education, skills, and training embodied in workers
D) the technology, developed by humans, that is embodied in equipment
Correct Answer:
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Q15: What is the definition of productivity?
A) the
Q16: What does labour productivity measure?
A) the input
Q17: For which resource is productivity most commonly
Q18: Economies grow for a variety of reasons.Which
Q19: What does long-term growth in production mean?
Q21: Which of the following is NOT included
Q22: According to the law of diminishing marginal
Q23: Which of the following countries has the
Q24: From 1962 to 2010, what was the
Q25: What does a decrease in the capital-labour
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