Question

Investment in human capital yields a return just like investment in physical capital". Which of these factors is not valid in this respect?

a)educated, trained and healthier people can use natural resources in a better way.
b)An educated unemployed youth becomes a liability.
c)It increases the productivity of the workers.
d)A country can earn foreign exchange by exporting services

Answer 1

Explanation:

Explanation: Investment in human capital yields a return just like investment in physical capital. ... can be termed as investment in human capital. It increases the skills of an individual and makes him more efficient and productive . Thus in future we get a higher income due to higher efficiency and productivity.

Answer 2

Answer:

I think option d is not valid