Economists refer to the talents, training, and education of workers as Multiple Choice human capital. physical...

Economists refer to the talents, training, and education of workers as

Multiple Choice

human capital.
physical capital.
average labor productivity.
labor supply.

Expert Solution

Ans)- here 1st option is correct. i.e. Economists refer to the talents, training, and education of workers as human capital.

Explanation: Human capital can be defined as the economic value of a worker's experience and skills. This includes assets like education, training, intelligence, talents, skills, health, and other things such as loyalty and punctuality.

Employers can also improve the quality of human capital by investing in employees—the education, experience, and abilities of employees all have economic value for employers and for the economy as a whole.

Rahul Sunny answered 2 years ago

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