Spending to find out about job openings, wages and courses is a source of human capital formation because

it directly raises the prices of goods and servicesCorrect answerYour answerit adds to the stock of machinesCorrect answerYour answerit reduces the need for educationCorrect answerYour answerit helps people use their skills betterCorrect answerYour answer

Show the answer and explanation

CorrectNot quiteAnswer D

Correct answer: D

Information about labour markets and education helps people choose the job or course that pays most for their abilities.

Concept: Information
Typical timeTypical: 70 s
Your timeYours: —

The rule this testsSources of human capital

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Ten questions from Human Capital Formation, at your own pace.

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Ten questions from Human Capital Formation, at your own pace.

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Spending to find out about job openings, wages and courses is a source of human capital formation because

Explanation