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The Asian Development Bank Has Been Investing in Education and Training

Question 22

Multiple Choice
The Asian Development Bank has been investing in education and training programs in the developing economies of Asia over the past five years.As a result of this investment,what would economists who adhere to the human capital view of education likely predict

The Asian Development Bank has been investing in education and training programs in the developing economies of Asia over the past five years.As a result of this investment,what would economists who adhere to the human capital view of education likely predict


A) rising wages as labour productivity is enhanced
B) falling wages as the labour market is saturated with too many educated workers
C) no change in the marginal productivity of capital
D) no change in the marginal productivity of labour

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