Human capital depreciates with age, but this can be slowed by

selling it in the market while it is newCorrect answerYour answercontinued investment in education and healthCorrect answerYour answerreplacing it with a new machineCorrect answerYour answermoving it to another personCorrect answerYour answer

Show the answer and explanation

CorrectNot quiteAnswer B

Correct answer: B

Machines wear out with use; people's skills fade with age and change. Further learning and good health slow the decline.

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

The rule this testsHuman and physical 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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Human capital depreciates with age, but this can be slowed by

Explanation