Examlex
Which of the following statements is true?
Human Capital
The collective skills, knowledge, or other intangible assets of individuals that can be used to create economic value for the individuals, their employers, or their community.
Compensating Differential
A difference in wages that arises to compensate workers for non-monetary differences in different jobs, such as risk or undesirable location.
Hazard Pay
Hazard Pay is additional compensation provided to employees for performing work that is dangerous or involves risk.
Wealth
The abundance of valuable financial assets or physical possessions which can be converted into forms that can be used for transactions.
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