Human capital labor market issues: a. refers to a worker in a capital intensive industry. b. include the equipment, tools, and computers that make workers more productive. c. include the skills, knowledge, and experience that people obtain. d. refers to workers who do highly repetitive work, which requires little thought and creativity.
The correct answer is C.include the skills, knowledge, and experience that people obtain.
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The answer you are looking for is
C. Include the skills, knowledge and experience that people obtain
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the investment was $14,174.196
a lump sum means that the father of the example made one deposit and leave it be.
we need to know the value of a capital that generated at 4.05% per year during 28 years the sum of $48,613.24
now clearing the formula to solve for capital we got:
and we reach the answer investment = $14,174.20