If on-the-job experience causes labor productivity to increase,that is the result of an improvement in human capital.

Question

Quizplus · Accepted Answer

On-the-job experience is a form of learning by doing, which is a characteristic feature of human capital. As workers gain more experience, their knowledge, skills, and abilities (i.e., their human capital) improve, which leads to higher levels of productivity. Therefore, the statement is true.

If On-The-Job Experience Causes Labor Productivity to Increase,that Is the Result