The earnings and employment of those with more human capital have both increased dramatically since 1980. This suggests that their ________ curve capital had shifted ________.

Question

Quizplus · Accepted Answer

The increase in earnings and employment of those with more human capital suggests that their demand curve for capital had shifted rightward. This means that they are willing and able to pay a higher price for capital, indicating an increase in demand.

The Earnings and Employment of Those with More Human Capital