Human capital is

a. a stock of equipment and structures.
b. the result of investments workers make in themselves such as education.
c. a difference in wages that arises to offset the nonmonetary characteristics of different jobs.
d. a characteristic that affects a worker's self-esteem but not her wages.

b

Economics

You might also like to view...

How does the creation of a successful movie influence what, how, and for whom goods and services are produced?

What will be an ideal response?

Economics

When marginal revenue equals marginal cost, the firm just "breaks even."

a. True b. False

Economics