Human Capital Quiz

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Questions and Answers

What is human capital?

  • The total population of a country
  • The stock of skill and productive knowledge embodied in people (correct)
  • The financial assets owned by individuals
  • The physical infrastructure of a nation

When does population become human capital?

  • When the average income of the population increases
  • When there is investment made in the form of education, training, and medical care (correct)
  • When the birth rate exceeds the death rate
  • When the unemployment rate decreases

What does the chapter 'People as Resource' aim to explain?

  • The impact of population growth on the environment
  • The history of human resource management
  • The relationship between education and crime rates
  • People as an asset for the economy rather than a liability (correct)

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