When a person receives more education,his or her _____ has increased.When a firm buys a new copy machine,it has purchased _____.

Question

Quizplus · Accepted Answer

The first blank is referring to human capital, which is the knowledge and skills that a person possesses as a result of education and training. The second blank is referring to physical capital, which includes tangible assets owned by a firm such as equipment and machinery. Therefore, the best choice is A where the first blank is filled with human capital and the second blank is filled with physical capital.

When a Person Receives More Education,his or Her _____ Has