______ is based on the economic concept of recognising humans as wealth-
providing sources of income, and relies on measurement of such wealth as a present value of
future income streams.
A) Lev and Schwartz model
b) Jaggi and lau method
c)Valuation Method
d) Scanlon model
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Answer:
A. lev amd schwartz model
Explanation:
Baruch Lev and Aba Schwartz used the economic concept of human capital propagated by Irving Fisher and contend that “capital is defined as a source of income stream and its worth is the present value of future income discounted by a rate specific to the owner of the source…”
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