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What is the best example of an economy\'s stock of human capital? A) number of e

ID: 1257608 • Letter: W

Question

What is the best example of an economy's stock of human capital?
A) number of engineering degrees held by workers B) number of hours worked per year C) productivity per worker
What is the best example of an economy's stock of human capital?
A) number of engineering degrees held by workers B) number of hours worked per year C) productivity per worker

A) number of engineering degrees held by workers B) number of hours worked per year C) productivity per worker
A) number of engineering degrees held by workers B) number of hours worked per year C) productivity per worker

Explanation / Answer

Human capital implies the skill set, productive ability, and talent brought by the employees to an organization.

Education and training are considered as an important source of human capital.

Out of all given options, number of engineering degrees held by workers point towards the education and training perspective which is an important source of human capital.

Thus, number of engineering degrees held by workers is the best example of an economy's stock of human capital.

Hence, the correct answer is option (A).

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