Human capital is
A) the accumulated stock of physical capital per worker.
B) a measure of physical capital per worker used in endogenous growth models.
C) the accumulated stock of skills and capital a worker has.
D) the accumulated stock of skills and education a worker has.
E) a measure of aggregate economic welfare.
Correct Answer:
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Q2: In the endogenous growth model, government policy
Q3: In contrast to the Solow growth model,
Q4: In the endogenous growth model presented in
Q5: What explains the differences in standards of
Q6: Romer's model of endogenous growth is
A)inconsistent with
Q8: Nonrivalry means
A)it is possible to prevent a
Q9: If the time allocated to human capital
Q10: Which of the following is best characterized
Q11: In the Solow growth model
A)higher total factor
Q12: In the endogenous growth model presented
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