Question

Which of the following is not a feature of human capital?

• A. Human capital is intangible
• B. Human capital is not sold in the market
• C. Human capital is completely mobile
• D. human capital is inseparable from its owner

Answer 1

Answer: (C)

Human capital is completely mobile

Human capital is not perfectly mobile between countries as movement is restricted by nationality and culture. It is intangible, it cannot be sold in the market only the services of human capital are sold and hence the necessity of the owner of the human capital to be present in the place of production.