Question

True or false: a country is possibly overinvesting in human capital if people are not educated enough to fill existing job openings.

Answer 1

A country is possibly over investing in human capital if people are not educated enough to fill existing job openings is false. A country would be over investing in human capital if people were overqualified for the jobs that were available. A good example of this would be a lawyer only able to get a job at a department store. The lawyer is well overqualified for the job however, that is all they can find available.