Human capital raises economic growth mainly because it

increases the number of people of working age in the countryCorrect answerYour answerreduces the need for any physical capitalCorrect answerYour answerraises productivity and the use of new technologyCorrect answerYour answerraises the prices of all goods and servicesCorrect answerYour answer

Show the answer and explanation

CorrectNot quiteAnswer C

Correct answer: C

Educated workers produce more, innovate, and can absorb new technologies.

Concept: Human capital and growth
Typical timeTypical: 70 s
Your timeYours: —

The rule this testsGrowth and human development

Practise this chapter →

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

Practise this chapter →

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

Practise this chapter All 51 questions in Human Capital Formation Revise the notes for Human Capital Formation

Human capital raises economic growth mainly because it

Explanation