Question : Human capital formation leads to:

 

Option 1: Increased unemployment rates

Option 2: Decreased economic growth

Option 3: Higher productivity levels

Option 4: Greater income inequality

Question : Statement 1: Human capital formation leads to an increase in unemployment rates.

Statement 2: Human capital formation reduces unemployment rates.

Option 1: Statement 1 is true, and statement 2 is true.

Option 2: Statement 1 is true, but statement 2 is false.

Option 3: Statement 1 is false, but statement 2 is true.

Option 4: Statement 1 is false, and statement 2 is false.

Question : What is the role of education in human capital formation?

Option 1: It increases income inequality.

Option 2: It reduces the productivity of the workforce.

Option 3: It enhances the knowledge and skills of individuals.

Option 4: It hinders economic growth.

Question : The Gini coefficient is a measure of:

Option 1: Economic growth
   

Option 2: Inflation rate
 

Option 3: Income inequality

Option 4: Unemployment rate

Question : Statement 1: Human capital formation hinders economic productivity.

Statement 2: Human capital formation enhances economic productivity through the development of skilled and knowledgeable individuals.

Option 1: Statement 1 is true, and statement 2 is true.

Option 2: Statement 1 is true, but statement 2 is false.

Option 3: Statement 1 is false, but statement 2 is true.

Option 4: Statement 1 is false, and statement 2 is false.

Question : The Gini coefficient is a measure of:

Option 1: Economic growth
    

Option 2: Inflation rate
    

Option 3: Income inequality

Option 4: Unemployment rate