Economics · Human Capital Formation
Assertion (A): Education expenditure is an investment. Reason (R): It increases future income earning capacity. Choose the correct option:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1A is false but R is true
- 2A is true but R is false
- 3Both A and R are true but R does not explain A
- 4Both A and R are true and R explains A✓
Correct answer
Both A and R are true and R explains A
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