Which of the following statements is NOT true?

• People can develop human capital in a variety of ways.

• Most people have several careers throughout their lifetime.

• Jobs are paid positions

David has been challenged by his academic advisor to ‘develop some human capital’ this school year. Which activity below would be the LEAST effective way to reach that goal?

• Attend a workshop on a topic he has little knowledge of.

• Volunteer to pick up trash along the roadsides.

• Spend additional time playing video games to further develop his eye‐hand coordination.

One’s Lifestyle is to their Standard of Living as present is to __________?

• past

• recent

• future

Kayla is working to develop a broad base of transferable skills. This means that she:

• Will have a set of versatile skills that she can apply to many personal and professional roles.

• Needs to maintain at least a part time job during the school year.

• Use her available hours outside of school for paid employment rather than volunteering.

Eric is writing a paper on the importance of investing in yourself and he is looking for a sentence to use as the thesis statement for his paper. Which sentence below would be the best choice?

• Investing in yourself too early can lead to a lower standard of living.

• Human capital and transferable skills result from formal training.

• Education pays in higher earnings and lower unemployment rates.

An example of a transferable skill is a skill:

• used in your job that you acquired through past jobs, volunteering, hobbies, school sports, or other life experiences.

• that can only be used in an individual’s job or career.

• that each employer requires you to learn.

Angie is a high school computer and technology teacher. She enrolls in a computer class at least twice per year to stay current on recent technology changes and updates. By continuing her education, Angie is investing in her:

• salary

• human capital

• family

Individuals with more formal educational training usually have:

• lower personal satisfaction

• higher estimated lifetime earnings

• greater amounts of leisure time