Question

Human Capital can include any form of investment that increases a person’s well-being. An increase in...

Human Capital can include any form of investment that increases a person’s well-being. An increase in well-being can stem from

Question 2 options:

1)

An increase in productivity in market or nonmarket work

2)

An increase in a person’s satisfaction with time spent in market work, non-market work, or leisure

3)

A decrease in productivity due to time spent on global travel

4)

A & b are correct

5)

All of the above

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Answer #1

Option 4 is the correct option. An increase in productivity and satisfaction will increase individual's well being. As output increases, purchasing power increases, thereby increasing the well being.

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