What Is Human Capital

question 187

Multiple Choice

What is human capital?

• A)labor productivity
• B)buildings,equipment,and machinery owned by individuals rather than firms
• C)buildings,equipment,and machinery owned by firms
• D)the accumulated knowledge and skills that workers acquire from education,training,and their life experiences

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Definitions:

Required

Necessary or needed for a particular purpose or result.

Catalysts

Substances that increase the rate of a chemical reaction without being consumed in the process.

Induced Fit

Conformational change in the active site of an enzyme that occurs when it binds to its substrate.

Enzyme's Shape

Refers to the three-dimensional structure of an enzyme, which is crucial for its ability to catalyze specific biochemical reactions.