Workers with higher amounts of human capital tend to:
A. demand less benefits
B. earn higher wages
C. have fewer jobs
D. earn lower wages
I'll be glad to check your answer.
http://www.iadb.org/en/topics/human-development/idb-and-human-capital-development,4707.html
I picked B.
I agree.
To determine the answer, let's break down what is meant by human capital and how it tends to affect workers:
Human capital refers to the knowledge, skills, education, and training that individuals possess, which can enhance their productivity and contribute to their economic value in the labor market.
Now, let's evaluate the given options:
A. Demand less benefits: Human capital is often seen as an asset for employees, as it typically increases their job prospects and makes them more valuable to employers. In general, workers with higher human capital are more likely to be in a stronger bargaining position, which can lead them to demand more benefits rather than less.
B. Earn higher wages: This option aligns with the general understanding of human capital. Individuals with more knowledge and skills tend to be more productive and valuable to employers. As a result, they are more likely to earn higher wages compared to workers with lower levels of human capital.
C. Have fewer jobs: This option is not directly related to human capital. The number of jobs available to individuals may be influenced by various economic factors, but it is not a direct outcome of their human capital. Therefore, this choice is less likely to be accurate.
D. Earn lower wages: This option contradicts the general notion that workers with higher human capital tend to earn higher wages. Higher human capital usually enables individuals to perform more specialized and valuable tasks, which can lead to higher compensation. Therefore, this option is less likely to be accurate.
Considering the explanations above, the answer that aligns with the concept of human capital and its impact on workers is:
B. Earn higher wages