Assertion (A): The benefits of human capital spread beyond the person who owns it.
Reason (R): Human capital can be sold separately from its owner.

Both A and R are true, and R is the correct explanation of A.Correct answerYour answerBoth A and R are true, but R is not the correct explanation of A.Correct answerYour answerA is true, but R is false.Correct answerYour answerA is false, but R is true.Correct answerYour answer

Show the answer and explanation

CorrectNot quiteAnswer C

Correct answer: C

Spill-overs such as better health and shared know-how help others, so A is true.
Human capital is inseparable from its owner; only its services are sold. R is false.

Concept: Human and physical capital
Typical timeTypical: 100 s
Your timeYours: —

The rule this testsHuman and physical capital

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

Assertion (A): The benefits of human capital spread beyond the person who owns it.Reason (R): Human capital can be sold separately from its owner.

Explanation

Assertion (A): The benefits of human capital spread beyond the person who owns it.
Reason (R): Human capital can be sold separately from its owner.