ECONOMICS (CBSE/UGC NET)

ECONOMICS

HUMAN CAPITAL

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which action would MOST LIKELY lead to increased income?
A
owning a large house
B
retiring at a young age
C
graduating from college
D
traveling around the world
Explanation: 

Detailed explanation-1: -It Improves Job Security. It may even render you irreplaceable. Your job will remain yours if you are competent, highly-skilled, and knowledgeable. Having job skills that are in demand in the market makes you an asset to your company. Volunteering to take job-related online courses is a great way to stand out.

Detailed explanation-2: -If education is undertaken as consumption as well as investment, researchers will understate the private rate of return on human capital investment. estimated rates of return will overstate the actual rate of return.

Detailed explanation-3: -It’s More Affordable. Overall, tuition is going to be significantly cheaper at a community college than it will be at a university. There Are Smaller Classes. You’ll Have More Flexibility. You Can Transfer Your Credits. You’ll Have More Job Opportunities.

Detailed explanation-4: -Data Science. Data science is an ideal career option for students with strong mathematical and statistical skills. Software Engineering. Digital Marketing. Financial Analysis. Product Management. 08-Sept-2022

There is 1 question to complete.