ECONOMICS (CBSE/UGC NET)

ECONOMICS

HUMAN CAPITAL

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which action would MOST LIKELY result in a higher income?
A
Graduating from college
B
Buying a new car
C
Living in a small town
D
Lending a friend money
Explanation: 

Detailed explanation-1: -As you learn and study, start by asking yourself questions and using study methods from the level of remembering. Then, move progressively through the levels to push your understanding deeper-making your studying more meaningful and improving your long-term retention.

Detailed explanation-2: -According to the 2022 OECD report on tertiary education, the world’s top ten countries with the most educated population and their share of citizens with higher education are as follows: Canada-59.96 per cent. Japan-52.68 per cent. Luxembourg 51.31 per cent.

Detailed explanation-3: -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-4: -The Big 5 Criteria can help you evaluate your sources for credibility: Currency: Check the publication date and determine whether it is sufficiently current for your topic. Coverage (relevance): Consider whether the source is relevant to your research and whether it covers the topic adequately for your needs.

There is 1 question to complete.