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Author Question: The capital and financial account records A) the current value of the balance of payments in U.S. ... (Read 46 times)

jilianpiloj

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on: Jun 30, 2018
The capital and financial account records
 
  A) the current value of the balance of payments in U.S. dollars.
  B) all the purchases and sales of capital goods in the United States.
  C) imports and exports of capital goods.
  D) transactions involving trade, interest payments, and net transfers.
  E) transactions involving foreign investment in the United States and U.S. investment abroad.

Question 2

What is meant by the term human capital?
 
  What will be an ideal response?


aadams68

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Reply #1 on: Jun 30, 2018
Answer to Question 1

E

Answer to Question 2

Human capital refers to the skills people possess. These skills help increase the quality of labor. Human capital can be increased through education, on the job training, and experience. The knowledge and skill gained from these improvements are called human capital.


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