Title: QUIZ: Building Human Capital Module
Course: Kelly's Copy and Export Course > Section: Building Human Capital (It's Your Paycheck, Lesson 1) Module

Q: Which of the following is likely to earn the largest income?
- A person who earns a Master’s degree
- A person who earns a Bachelor’s degree
- A person who completes high school
- A person who drops out of high school
A: A person who earns a Master’s degree
If right: That is correct!
If wrong: That is incorrect. On average, more education leads to higher income, so a person with a Master’s degree is likely to earn the largest income.

Q: The knowledge and skills that people obtain through education, experience, and training is best known as:
- Human capital
- Physical capital
- Productivity
- Scarcity
A: Human capital
If right: That is correct!
If wrong: That is incorrect. The knowledge and skills that people obtain through education, experience, and training is best known as human capital.

Q: Investment in human capital means
- paying people more.
- buying stocks and bonds.
- getting additional education, practicing new skills, and developing talent.
- purchasing new office equipment, such as printers and computers.
A: getting additional education, practicing new skills, and developing talent.
If right: That is correct!
If wrong: That is incorrect. Investment in human capital means getting additional education, practicing new skills, and developing talent.

Q: Which of the following is measured as the ratio of output per worker per unit of time?
- Human capital
- Physical capital
- Productivity
- Scarcity
A: Productivity
If right: That is correct!
If wrong: That is incorrect. Productivity is measured as the ratio of output per worker per unit of time.

Q: Jayce always worked hard to understand his math lessons and build his math skills. In his spare time, he took babysitting classes, played the violin, and was a sprinter on the track team. When he turned 16, he got a summer job as a cashier in a store. Which human capital best prepared Jayce for his job?
- Building his math skills best prepared Jayce for his job as a cashier.
- Becoming a responsible babysitter best prepared Jayce for his job as a cashier.
- Learning to play the violin best prepared Jayce for his job as a cashier.
- Running sprints best prepared Jayce for his job as a cashier.
A: Building his math skills best prepared Jayce for his job as a cashier.
If right: That is correct!
If wrong: That is incorrect. Babysitting skills will help Jayce get babysitting jobs, learning the violin could help him become a member of the symphony someday, and running sprints could help him win a race. However, cashiers must know their math facts so they can be sure they are getting the correct amount of money from the customer and giving the customer the correct amount of change.

Q: Micah is planning to try out for the basketball team in the spring. Which of the options below would be the best way for him to improve his human capital as a basketball player?
- Batting practice
- Weight training
- Fishing
- Sewing lessons
A: Weight training
If right: That is correct!
If wrong: That is incorrect. Weight training will help him increase his strength and endurance, which will help him improve his skills as a basketball player.