1. How does human capital (the skills and expertise of the workforce) fit into a national accounts...

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1. How does human capital (the skills and expertise of the workforce) fit into a national account’s definition of capital?

2. Does the composition of a country’s capital affect its long-run economic growth?

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Economics

ISBN: 978-1292187853

10th edition

Authors: John Sloman, Jon Guest, Dean Garratt

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Question Posted: Apr 03, 2019 10:26 AM

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1. How does human capital (the skills and expertise of the workforce) fit into a national accounts...

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1 Capital in the national accounts relates to nonfinancial fixed assets Therefore human capital is n...View the full answer

Economics

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