Answer True, False, or Uncertain and Explain. Suppose people live forever. Then we should see older workers investing in human capital at the same rate as younger workers.
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- Provide example on how individuals may get finding from the capital markets?Some MPs are more interested in education policies than in childcare programs. The MPs propose that we should eliminate the higher education debts of women. In line with the human capital model, what is the expected effect of this on the educational attainment of women who already left education at different levels (e.g. middle school, high school, university)? Why do you expect such an effect?Is Income determined by the Scarcity of Your Contribution, and Not the Value of Human Worth?
- In Investment in Human Capital (1962) paper by Gary Becker, what were his key findings and why was it important ?Explain Human Capital Theory: who are the major contributors and what it is about?The MPs propose that we should eliminate the higher education debts of women. In line with the human capital model, what is the expected effect of this on the educational attainment of women who already left education at different levels (e.g. middle school, high school, university)? Why do you expect such an effect? (100 words )
- Five out of the world’s six billion people live in developed countries, where the income of the people is less than $1000 a year a. True b. FalseHow does the price of capital tend to change during an economic boom? During a recession?When does underdevelopment takes place in a country's economy? What is their worst scenario/or the worst it can do to a country?
- The US government announced on October 14th, 2020 that Social Security checks for all US seniors will rise by 5.8% in 2022, the largest increase since 2008. This cost of living adjustment (COLA) is based on the Consumer Price Index measure of inflation in 2021. a). Show with a graph and a model how, in theory, giving seniors the full 5.8% increase will actually make a representative senior better off in 2022 as compared to 2021. If lifespan projections are roughly correct, it is expected that our 52 million current seniors over age 65 is expected to rise by 60% over the next 25 years to about 80 million seniors. Medicaid, Medicare and Social Security are currently 12% of GDP, but expected to rise to 17% of GDP by year 2044.b). Could this enormous increase in spending on seniors have an effect on either US market efficiency or productivity in as we move toward the year 2044?what are the privilages of familial capitalIs underdevelopment a domestic or internally induced phenomenon? Explain the implication of extreme gap between rich and poor countries in the world. Identify the different sources of national and international economic growth?