Human capital represents:A) the equipment that labor uses on-the-job to improve labor productivity.B) the ratio of capital to labor.C) the education,skill,and training embodied in workers.D) the technology developed by humans that is embodied in equipment.E) the social institutions created by people which promote the accumulation of equipment for production.

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Kelsey Singh · Accepted Answer

Final Answer : C, Explanation :  Human capital refers to the education, skills, and training embodied in individuals, which enhances their ability to perform labor and ultimately contributes to economic growth. It is distinct from physical capital or equipment, which is a tangible asset used in production. While social institutions and technology can play a role in facilitating the accumulation and development of human capital, they are not themselves considered human capital.

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