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Which of the following is an example of human capital in an economy?

A. A microphone
B. A smartphone
C. A music studio
D. A singer


Sagot :

Final answer:

Human capital in an economy refers to the skills and knowledge individuals possess that are essential for the production process. A singer in the economy exemplifies human capital.


Explanation:

Human Capital refers to the skills and knowledge possessed by individuals that can be used in the production process. Workers acquire human capital through education, training, and experience. A singer in the economy is an example of human capital as they possess skills acquired through training and experience.


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