In the Solow growth model,human capital measures
A) the number of workers.
B) the educational level of the workers.
C) the level of technology available to workers.
D) the labor input in terms of the physical number of workers and the knowledge and skills embodied in those workers.
E) how much firms spend to train workers.

Question

Quizplus · Accepted Answer

Human capital in the Solow growth model refers to the labor input that includes both the physical number of workers and the knowledge and skills they possess.

In the Solow Growth Model,human Capital Measures