The idea that contact with others with high levels of human capital increases ones' own human capital is called human capital
A) contagion.
B) externality.
C) transference.
D) convergence.
E) equilibrium.
Correct Answer:
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Q52: Decreasing the fraction of time devoted to
Q53: The production function exhibits
A) increasing returns to
Q54: Government policies that increase the efficiency of
Q55: The endogenous growth model appears consistent with
Q56: In the endogenous growth model presented in
Q57: If the time allocated to human capital
Q58: In the endogenous growth model presented in
Q59: The marginal product of human capital
A) rises
Q61: What are the major factors affecting standards
Q62: A human capital externality is
A) when there
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