The folloing five statements relate to the market for human capital. Determine i

Question

The folloing five statements relate to the market for human capital. Determine if each statement is TRUE or FALSE by placing it in the correct bin. TRUE FALSE The demand for human capital investment slopes upwards. The higher an individual's learning capacity the greater are the expected benefits of human capital investment. Students pay for education by using low-cost The supply of funds for human capital funds (like borrowing from family) before usigestment exhibits a positive slope. high-cost funds (like borrowing from a bank). Individuals from wealthy families tend to have a higher cost pool of funds available compared to less wealthy families

Explanation / Answer

1. This is False. Demand for human capital is downward sloping.

2. This is True. High learning capacity means greater benefits.

3. This is True. Funds from family are taken before funds from the bank.

4. This is True. Wealth family individuals have more funds available.

5. This is True. Supply of funds is upward sloping.

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