Human capital is
A) the accumulated stock of skills and education a worker has.
B) the accumulated stock of skills and capital a worker has.
C) a measure of aggregate economic welfare.
D) a measure of physical capital per worker used in endogenous growth models.
E) the accumulated stock of physical capital per worker.
Correct Answer:
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Q27: The Solow growth model
A) does a better
Q28: A primary deficiency of the Solow growth
Q29: The endogenous growth models were characterized by
A)
Q30: Paul Romer argues that a key feature
Q31: The Solow growth model
A) cannot explain differences
Q33: A key characteristic of the production function
Q34: In the Solow growth model,
A) higher total
Q35: In the endogenous growth models of Lucas
Q36: Which of the following is best characterized
Q37: In the endogenous growth model, for the
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