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Identify the incorrect statement from the following: Human capital represents enhanced labour productivity. Investment in human capital enhances efficiency and skills, implying economic growth. - Economics

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Question

Identify the incorrect statement from the following:

Options

  • Human capital represents enhanced labour productivity.

  • Investment in human capital enhances efficiency and skills, implying economic growth.

  • Human capital is separable from its owner.

  • Human capital treats human beings as a means to an end.

MCQ
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Solution

Human capital is separable from its owner.

Explanation:

This assertion is untrue since we cannot separate human capital from its owner since we cannot obtain this service without the owner.

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2021-2022 (December) Term 1
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