According to Charles Wheelan's Naked Economics, which of the below is NOT TRUE for human capital? Group of answer choices: a. Human capital increases productivity. b. Human capital makes for healthier people. c. Human capital increases earning potential of workers. d. Human capital increases the cost of labor and makes a nation less competitive globally. e. Human capital makes for better parents.

Brief Principles of Macroeconomics (MindTap Course List)
8th Edition
ISBN:9781337091985
Author:N. Gregory Mankiw
Publisher:N. Gregory Mankiw
Chapter7: Production And Growth
Section: Chapter Questions
Problem 1PA
icon
Related questions
Question

According to Charles Wheelan's Naked Economics, which of the below is NOT TRUE for human capital?

Group of answer choices:

a. Human capital increases productivity.

b. Human capital makes for healthier people.

c. Human capital increases earning potential of workers.

d. Human capital increases the cost of labor and makes a nation less competitive globally.

e. Human capital makes for better parents.

Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 2 steps

Blurred answer
Knowledge Booster
Nontariff Measures
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, economics and related others by exploring similar questions and additional content below.
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
Brief Principles of Macroeconomics (MindTap Cours…
Brief Principles of Macroeconomics (MindTap Cours…
Economics
ISBN:
9781337091985
Author:
N. Gregory Mankiw
Publisher:
Cengage Learning
Essentials of Economics (MindTap Course List)
Essentials of Economics (MindTap Course List)
Economics
ISBN:
9781337091992
Author:
N. Gregory Mankiw
Publisher:
Cengage Learning