Human Capital Can Be Increased Through

question 210

Multiple Choice

Human capital can be increased through

• A) investment in new technology.
• B) education, on-the-job training, and work experience.
• C) investment in new machinery.
• D) decreases in population.
• E) increasing the nation's production of consumption goods.

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Definitions:

Yield Per Acre

The amount of a crop produced on one acre of land.

Lemonade Market

A hypothetical or real market scenario used to explain basic economic concepts, often involving the buying and selling of lemonade.

Lemons

A bright yellow, acidic fruit commonly used for its juice, zest, or as a garnish in cooking and baking.

Supply

The total amount of a good or service available for purchase at all possible prices in a given market, at a given time.