In a population,not all workers have a high school diploma.Suppose the size of the labor force increases but a smaller percentage of the labor force has a high school diploma.It is reasonable to expect that the larger labor force will ________ the human capital input and the smaller percentage of the labor force with a high school diploma will ________ the human capital input.
A) decrease; increase
B) decrease; decrease
C) increase; decrease
D) increase; have no effect on
E) increase; increase

Question

Quizplus · Accepted Answer

An increase in the size of the labor force generally increases the human capital input, while a smaller percentage of workers with a high school diploma decreases the average level of human capital.

In a Population,not All Workers Have a High School Diploma