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The Concept of Investment in Human Capital Indicates That

Question 81

Multiple Choice

The concept of investment in human capital indicates that


A) union workers are better educated and more productive than nonunion workers.
B) expenditures on education can be explained in essentially the same way as expenditures on machinery and equipment.
C) worker productivity correlates negatively with annual earnings.
D) the level of education is unrelated to the level of one's income.

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