An example of an increase in human capital would be
A) a new machine that humans use to produce more capital
B) an increase in wealth
C) a more educated labor force
D) all of the above
E) both a and c
Correct Answer:
Verified
Q11: Long-term growth in production can be explained
Q12: "The most important factor in determining a
Q13: The difference between human capital and physical
Q14: Which of the following does not contribute
Q15: If on-the-job experience causes labor productivity to
Q16: If Q is total real output,K is
Q18: The rules of the game refer to
A)any
Q20: Human capital represents
A)the equipment that labor uses
Q21: Exhibit 8-2 Q22: Which of the following does not contribute
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