Human capital increases with on-the-job training.Group of answer choicesTrueFalse

An increase in human capital will decrease output.Group of answer choicesTrueFalse

State the difference between human resource and human capital formation

An increase in human capitalGroup of answer choicesincreases the productivity of labor.decreases the productivity of labor.increases the productivity of labor only if there is a corresponding technological change.increases the capital-labor ratio.

Which of the following is a prediction of human capital theory?Question 11Answera.The value of an individual's skills and abilities is a function of the time and expense required to acquire them.b.Higher wages improve efficiency by attracting workers who will perform better.c.Jobs with negative characteristics require higher pay to attract workers.d.Pay policies signal the kinds of behaviour an employer seeks from employees.e.Job seekers will not accept jobs when pay is below a certain wage.

To the HR practitioner, what does human capital incorporate?Selected answer will be automatically saved. For keyboard navigation, press up/down arrow keys to select an answer.aknowledge, commitment, values, culturebcommitment, experience, culture, abilitiescexperience, knowledge, skills, commitmentdskills, values, culture, experience