Which of the Following Is Not Considered Human Capital

question 98

Multiple Choice

Which of the following is not considered human capital?

• A)the golf clubs a professional golfer uses to play golf
• B)the skills a professional golfer has gained by practicing on the driving range
• C)the professional golfer's knowledge of how to play a better game learned from talking with other players
• D)none of the above would be considered human capital

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Definitions:

1970s

A decade marked by significant events such as the oil crisis, the end of the Vietnam War, and notable shifts in culture and technology.

National Income Accountants

Economists who calculate the nation's total income, including GDP and GNP.

GDP

The Gross Domestic Product serves as a gauge for a country's economic output, encapsulating the aggregate value of goods and services generated within a set period.

Globalization

The process by which businesses or other organizations develop international influence or start operating on an international scale, leading to increased interconnectedness of the world's economies.