
In the endogenous growth model,more time spent accumulating human capital implies
A) less consumption in the near term, but a higher growth rate of consumption in the future.
B) more consumption in the near term and a higher growth rate of consumption.
C) less consumption in the near term and no change in the growth rate of consumption.
D) more consumption in both the short and long-run.
E) more consumption in the near term, but a lower growth rate of consumption in the future.
Correct Answer:
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