Which of the following statements is correct?
A)Human capital per worker is a determinant of productivity.
B)A nation cannot be highly productive in producing goods and services without abundant quantities of natural resources.
C)Human capital and technological knowledge are the same thing.
D)All technological knowledge is proprietary.

Question

Quizplus · Accepted Answer

Human capital per worker, which includes the skills, education, and training of the workforce, is a key determinant of productivity. It enhances the efficiency and effectiveness with which resources are used, leading to higher output per worker.

Which of the Following Statements Is Correct