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Human Capital

Total questions: 16

Worksheet time: 8mins

Name
Class
Date
1.

The stock of skill and expertise of nation at a point of time is called

a)

Human capital

b)

Human development

c)

Human capital formation

2.

Investment in ___ is considered as one of the main sources of human capital

a)

Education

b)

Health

c)

On job-training

d)

All the above

3.

Human capital is Tangible

a)

True

b)

False

4.

Which of the following is a human resource?

a)

farmers

b)

rocks

c)

tractors

d)

hammers

5.

A teacher who provides a service is an example of a.....

a)

Natural Resource

b)

Human Resource

c)

Capital Resource

d)

All of the above

6.

What is a human resouce?

a)

People who work to make a goods or services.

b)

Things that come from nature.

c)

A factory machine.

d)

A good used to make other goods.

7.

What is an example of Human Capital? Select all that apply

a)

On the Job training

b)

A company wanting to expand

c)

Graduating with a degree

d)

Losing the cash in your wallet

8.

Which of the following is an investment in your own Human Capital? Select all that apply

a)

On the job training

b)

Getting an college degree

c)

Attending a workshop in your occupation

d)

Donating clothes to the local Goodwill

9.

What would cause one job to pay more than another?

a)

The age of the individual

b)

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

c)

How much fun they have while they work

d)

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

10.

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

a)

Working on multiple cars at the same time

b)

Asking his employer for a raise

c)

Attending classes to improve his skills

d)

Hoping for a promotion without actually in any of the work

11.

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?

a)

The number of years the person has been installing carpets

b)

How many hours the carpet installer works

c)

How many vehicles he owns

d)

The special skills the carpet installer has

12.

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

a)

Your level happiness

b)

How much you are currently being paid

c)

You have less skills and work experience

d)

Your boss being fired/quitting

13.

True or False, Human Capital is a persons level of education, job experience, and skills

a)

True

b)

False

14.

People as a resource means

a)

None

b)

Country's natural capital in terms of their existing productive skills

c)

Country's fixed capital in terms of their existing productive skills

d)

Country's working capital in terms of their existing productive skills

15.

use of physical capital does not depend on human capital.

a)

true

b)

false

16.

_________________ capital cannot be separated from the owner, whereas, ___________ capital can be separated form owner.

a)

human, physical

b)

physical, human