Which of the Following Is an Example of Human Capital

question 128

Multiple Choice

Which of the following is an example of human capital?

• A)the comfortable chair in your dorm room where you read economics texts
• B)the amount you get paid each week to work at the library
• C)the things you have learned this semester
• D)any capital goods that require a human to be present to operate

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Definitions:

High-Quality Workers

Employees who exhibit superior performance, skills, and qualifications, contributing significantly to organizational success.

Long Hours

Extended periods of work time, often exceeding the standard or legally prescribed workday.

Moral Hazard

A situation where one party is likely to take risks because the negative consequences of the risk will be felt by another party.

Insurance Market

A marketplace where individuals and entities can purchase insurance products for various types of risk protection.