The more education that workers have, the ______is their human capital and_________ is their productivity.
A) smaller; larger
B) larger; higher
C) larger; smaller
D) smaller; smaller
Correct Answer:
Verified
Q194: An increase in education and training
A) decreases
Q195: Classical growth theory asserts that
A) an increase
Q196: Human capital is
A) peopleʹs knowledge and skills.
B)
Q197: If capital per hour of labor decreases,
Q198: On-the-job-training is an example of
A) technological change.
B)
Q200: If the level of technology rises, real
Q201: Which of the following ideas apply to
Q202: Classical growth theory states that
A) advances in
Q203: The neoclassical growth theory says, in part,
Q204: Classical growth theory argues that when real
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