Expenditures on human capital
A)reflect an expectation of some future return on the investment.
B)are generally embodied in a specific individual.
C)reflect an investment of resources today to raise productivity in the future.
D)All of the above are correct.

Question

Quizplus · Accepted Answer

Expenditures on human capital are investments made to improve the skills, knowledge, and abilities of individuals. These investments reflect an expectation of future returns, such as increased productivity and earnings potential. Human capital investments are usually embodied in specific individuals, such as through education and training, and they aim to improve future productivity by investing resources today. Therefore, all of the choices A, B, and C are correct.

Expenditures on Human Capital