Which of the following is not an investment likely to be found in any proxy for the market portfolio?

Name: Which of the following is not an investment likely to be found in any proxy for the market portfolio?
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Question

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Human capital refers to the skills, knowledge, and experience of individuals, and is not an investable asset. Therefore, it is not likely to be included in any proxy for the market portfolio, which typically includes tradable financial assets such as stocks, bonds, and precious metals.

Which of the Following Is Not an Investment Likely to Be