Spending on education,training,and health are examples of
A)Nonmarket discrimination
B)Investments in human capital
C)Welfare
D)Transfer payments
E)None of the above

Question

Quizplus · Accepted Answer

Spending on education, training, and health are investments in human capital because they improve the skills, knowledge, and health of individuals. These investments are expected to yield returns in the form of increased productivity and improved economic outcomes. Nonmarket discrimination refers to unequal treatment of individuals in non-market settings such as employment or housing. Welfare and transfer payments are government programs that provide financial assistance to individuals or families in need.

Spending on Education,training,and Health Are Examples of