Economists refer to expenditures on training,education,and skill development designed to increase the productivity of an individual as:

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Economists refer to expenditures on training, education and skill development designed to increase the productivity of an individual as investments in human capital. This is because such expenditures increase the knowledge, skills, and abilities of an individual, making them more productive and valuable to an organization or economy.

Economists Refer to Expenditures on Training,education,and Skill Development Designed to Increase