Questions and Answers
What is human capital?
The store of skills and dexterity found at a particular time in a country
How does expenditure on education contribute to human capital formation?
It enhances labor skills and creates various types of skills through education
What is the impact of expenditure on health on human capital?
It increases the earning capacity of healthy individuals and reduces mortality
What is the relationship between economic prosperity and human capital?
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What are the determinants of human capital formation?
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