EDA832
Question: Equation for educational development is
Answer: growth + Changes
Question: Which of the following is not one of the competency areas of economics of education?
Answer: Cost-Benefit of Law
Question: Education plays a major role in the acquisition of skills and
Answer: expertise
Question: Education contributes to economic growth by improving the literacy levels of the
Answer: labour force
Question: The problems of human capital does Not include
Answer: human availability
Question: If the education acquired is a functional one, it helps an individual to improve his
Answer: income
Question: The personnel or people who possess knowledge, skills and expertise used in operating the economic systems of the society is referred to as
Answer: human capital
Question: The resources used in the educational system for the production of an educated person are
Answer: human and material
Question: By improving the literacy levels of the labour force, education contributes to what growth?
Answer: economic
Question: Economie growth is measured by the rates of increase of
Answer: national income
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