Surgeons earn more than janitors because:
A) of the negative correlation between level of education and productivity.
B) of the inverse relationship between wages and productivity.
C) the accumulation of human capital leads to an improvement in productivity.
D) of the negative relation between productivity and the amount of physical capital.
E) surgeons spend more time at work than janitors.
Correct Answer:
Verified
Q2: In an iron and steel plant with
Q3: Suppose a production possibilities frontier (PPF)has been
Q4: Human capital represents:
A)the equipment that labor uses
Q5: The rules of the game refer to:
A)any
Q6: Suppose a production possibilities frontier (PPF)has been
Q7: Which of the following could cause the
Q8: The production possibilities frontier of an economy
Q9: _ is the resource whose productivity is
Q10: If Q is total real output,K is
Q11: Long-term growth in production can be explained
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