Multiple Choice
Although technological knowledge and human capital are closely related, there is an important difference.Which of the following statements is correct?
A) Human capital is the society's understanding about how the world works, whereas technological knowledge is the resources spent transmitting this understanding to the labour force
B) Technological knowledge is the bridge that links physical and natural resources with human capital
C) Technological knowledge is the society's understanding about how the world works, whereas human capital is the resources spent transmitting this understanding to the labour force
D) Technological knowledge is the society's understanding of human capital
Correct Answer:
Verified
Correct Answer:
Verified
Q52: Continuing economic growth requires:<br>A)no monetary exchange<br>B)no technological
Q53: The neo-classical approach to economic growth makes
Q54: Workers' productivity depends on technological knowledge and
Q55: A capital investment that is owned and
Q56: In the countries of South Asia in
Q57: The level of GDP is a good
Q58: Australia's annual growth rate of real GDP
Q60: Japan's growth in average income and rise
Q61: Economists generally agree that government should encourage
Q62: In an economy with fixed capital and