2. Juan has been doing some research on countries in Europe and Africa. Juan has observed that European countries are wealthier and that they have a higher percentage of workers who are college educated. Therefore, Juan concludes that sending mere Africans to college will increase ecenomic growth and wealth in Africa. Discuss the validity of this cenclusion.
2. Juan has been doing some research on countries in Europe and Africa. Juan has observed that European countries are wealthier and that they have a higher percentage of workers who are college educated. Therefore, Juan concludes that sending mere Africans to college will increase ecenomic growth and wealth in Africa. Discuss the validity of this cenclusion.
Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter26: The Neoclassical Perspective
Section: Chapter Questions
Problem 19CTQ: Economists from all theoretical persuasions criticized the American Recovery and Reinvestment Act....
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