In the absence of discrimination, as human capital investments increase, wages will generally

Name: In the absence of discrimination, as human capital investments increase, wages will generally
Brand: Quizplus
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Question

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In the absence of discrimination, as human capital investments increase, productivity increases, making workers more valuable to employers. As a result, employers are willing to pay higher wages to retain their high-skilled employees. Therefore, wages will increase as human capital investments increase.

In the Absence of Discrimination, as Human Capital Investments Increase