Human capital relates to ________ and physical capital relates to ________.
A) money; buildings
B) education; money
C) firms; people
D) output; money
E)people; buildings
E) people; buildings
Human capital is the knowledge, attributes which are embodied in the people to perform the task of firm.
Physical capital is factors of production like machinery, buildings.
Human capital relates to ________ and physical capital relates to ________. A) money; buildings B) education;...
A domestic downside to a policy that increases education is that _______ A. human capital has no link to labor productivity. B. it decreases natural resources. C. there are already enough people with college degrees. D. people must forgo current wages to invest in education. Which of the following is measured by the growth rate of real GDP per person? A.Changes in the level of well-being in a country. B. Growth rate of nominal GDP. C. Human capital. D. Foreign...
Economists differentiate between these types of capital; physical capital, human capital and financial capital. Which of the following statement is false? Select one: O a. Human capital includes changes in the level of education or training workers possess O b. Financial capital refers to the funds available in an economy for investment spending c. Financial capital refers to expenditures on manufacturing equipment o d. Physical capital includes changes in inventories.
(This question refers to the MRU video 'Human Capital and Signaling'.) Human capital and physical capital are alike in that: Select one: a. neither is subject to depreciation. b. they are both owned primarily by firms. c. they both require investments. d. workers take both with them when leaving a job. Question 7 (This question refers to the MRU video 'The Marginal Product of Labor'.) In the market for a certain type of labor, the wage for that labor is...
Technology, human capital, and physical capital are the three main sources for economic growth in any economy. In your attempt to earn an education, you are adding to the stock of human capital, not unlike building factories adds to the stock of physical capital. Research the concept of modern economic growth. What are the conditions that have allowed for modern economic growth in the last two centuries? How do technology, human capital, and physical capital affect productivity and economic growth?...
Classify each example as either relating to human capital, physical capital, or technology. Technology Human capital Physical capital Adult literacy increases company cars a doctor's knowledge about a new cancer treatment The number of college graduaies increases More people graduate frorm culinary school a Dcw cancer treatment Answer Bank
The more education that workers have, the ________ is their human capital and the ________ is their productivity. A. larger; higher B. smaller; smaller C. larger; smaller D. smaller; higher
Pret 32. Investment in a physical capital, unlike investment in human capital, has an opportunity cost. b. physical capital, like investment in human capital, has an opportunity cost. c. human capital is particularly attractive because it involves no externalities, d. human capital has been shown to be relatively unimportant, relative to investment in physical capital, for a country's long-run economic success.
Education seems to be important for human capital deepening. As people become better educated and more knowledgeable, are there limits to how much additional benefit more education can provide? Why or why not?
Capital, as a factor of production, refers to O A. the physical goods used to produce other goods and services. O B. the production technology used by firms. O C. stocks, and bonds but not money. OD. the production factors imported from abroad. O E. money, stocks, and bonds.
In the United States, human capital or personal productive capacity, produces income for individuals when it is sold or rented in the marketplace. Ownership of property also generates income when things such as land, machinery, or other physical property is rented, leased, or used for the production of goods and services. Group of answer choices pick the correct ones. A. None of the answers are correct. B. Personal productive capacity generates income for people when people take a job and...