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Human Capital Formation · Question 15 of 51

Question 15

MediumOriginal question

Read the two statements and choose the correct option.

I. Spending on information about the labour market is a source of human capital formation.

II. On-the-job training is always paid for by the worker, not the firm.

Options for question 15

Show the answer and explanation
CorrectNot quiteAnswer A

Correct answer: A

Explanation

  1. Information helps people use their skills where they are worth most: I is true.

  2. Firms usually pay for it, so II is false.

Concept
Sources of human capital
Typical time
70 s
Your time
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The rule this testsSources of human capital
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.