Question

Investment in human capital is very similar to investing in physical capital. True or false? Explain...

Investment in human capital is very similar to investing in physical capital. True or false? Explain your answer.

Homework Answers

Answer #1

This statement is false

Human capital is different from physical capital in many ways. Accumulation of human capital is helpful in generating ideas which are then awarded as innovation. Accumulation of physical capital does not result in ideas. if there is an investment in human capital in the form of education and training, there is a positive spillover effect on other factors of production. no such spillover effect can be experienced under investment of physical capital.

Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
1-In what ways are human capital and physical capital similar? In what ways are they different?
1-In what ways are human capital and physical capital similar? In what ways are they different?
True or false: Odorants that have very similar chemical structures will have very similar patterns of...
True or false: Odorants that have very similar chemical structures will have very similar patterns of glomerular activity in the olfactory bulb
In addition to investment in physical and human capital, what other public policies might a country...
In addition to investment in physical and human capital, what other public policies might a country adopt to increase productivity?
Which of the following statements is true? A) The stock of human capital and the physical...
Which of the following statements is true? A) The stock of human capital and the physical capital available to a nation can be considered proximate causes of prosperity. B) Cultural and geographical conditions of a nation can be considered proximate causes of prosperity. C) The stock of human capital and the geography of a nation can be considered fundamental causes of prosperity. D) The stock of human capital and the geography of a nation can be considered proximate causes of...
True or False Calculating the mean for a probability distribution is very similar to calculating mean...
True or False Calculating the mean for a probability distribution is very similar to calculating mean for frequency distribution. Children born to one family is a binomial distribution with p = 1/2.
Whenever rate of interest increases real investment will decrease but financial investment will increase. True/False? Explain...
Whenever rate of interest increases real investment will decrease but financial investment will increase. True/False? Explain your answer.
explain briefly whether true or false: According to the neoclassical theory of investment, expectations of a...
explain briefly whether true or false: According to the neoclassical theory of investment, expectations of a fall in the relative price of capital goods should increase investment
What is the difference between financial capital, physical capital and human capital?
What is the difference between financial capital, physical capital and human capital?
True/false/ambiguous. For each of the following, indicate whether the statement is true, false, or ambiguous, and...
True/false/ambiguous. For each of the following, indicate whether the statement is true, false, or ambiguous, and briefly explain your answer. If your answer depends on any assumptions, state them clearly. Use graphs or equations to illustrate your answer whenever it is helpful 6. In contrast to the standard labor demand model, employers may sometimes choose to pay a wage higher than the market wage in order to maximize profits. 7. If the signaling model of schooling is true, then schooling...
The capital stock increases through investment and decreases through depreciation. True False
The capital stock increases through investment and decreases through depreciation. True False
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT