A high-school graduate who gets a university degree is adding to the economy's stock of:
A) labour.
B) capital.
C) human capital.
D) financial capital.

Question

Quizplus · Accepted Answer

A high-school graduate who goes on to earn a university degree is increasing their knowledge, skills, and abilities, which is known as human capital - a valuable factor of production in the economy. By acquiring more human capital, the individual becomes more productive and can contribute more to the economy, making it a valuable addition to the economy's stock.

A High-School Graduate Who Gets a University Degree Is Adding