Human Capital

Which of the following is NOT a characteristic of Human Capital?

• A person's experience

• A person's education level

• A person's health

• A person's financial wealth

What is Human Capital?

• Money Assets of a Company

• Immigration of people into America

• Treating yourself to a nice dinner

• A worker's skill, knowledge, and experience

Which of the following is NOT an investment in your own Human Capital?

• On the job training

• Getting an college degree

• Attending a workshop in your occupation

• Donating clothes to the local Goodwill

What would cause one job to pay more than another?

• The age of the individual

• The number of french fries the person can eat in a minute

• How much fun they have while they work

• The length of training, level of education, and the difficulty of the job

Brian is a mechanic. Which of the following ways can he increase his Human Capital?

• Working on multiple cars at the same time

• Asking his employer for a raise

• Attending classes to improve his skills

• Hoping for a promotion without actually in any of the work

A couple just moved into a new home, but they want to get the carpets redone. Which factor would NOT affect the amount the carpet installer gets paid?

• The number of years the person has been installing carpets

• How many hours the carpet installer works

• How many vehicles he owns

• The special skills the carpet installer has

How might your current Human Capital differ from your future Human Capital?

• Your level happiness

• How much you are currently being paid

• You have less skills and work experience

• Your boss being fired/quitting

True or False, Human Capital is a person's level of education, job experience, and skills

• True

• False

_________ is the money that is earned for the person that did the _________ .

• rent, cleaning
• dollar bill, chores
• bills, purchase
• income, labor

Which of the following is NOT an example of exchanging human capital for income?

• walking a neighbors dog for $1

• washing your dishes and making your bed for your weekly allowance of $3

• watering a neighbor's plants while they're on vacation for $5

• receiving $5 from your grandmother for your birthday