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- Native-born workers may not be harmed by immigration if it Multiple Choice reduces wages and labor demand is inelastic. reduces the rate of return on capital. increases the rate of return on capital. causes production costs to rise.What does human capital theory assume?Capital formation in economics
- According to Charles Wheelan's Naked Economics, which of the below is NOT TRUE for human capital? Group of answer choices Human capital increases productivity. Human capital makes for healthier people. Human capital increases earning potential of workers. Human capital increases the cost of labor and makes a nation less competitive globally. Human capital makes for better parents.Investments in human capital include all the following except A. attending college. B. saving money for college. C. exercising. D. maintaining a healthy weight. E.immunizing children against diseases..What are the Economic Benefits of Human Capital?
- The Malthusian population trap tell us that a. trade routes of people is responsible for population growth. . b. that there is a stage that income and population stop to grow. c. increased population has nothing to do with economic growth. d. there is inequality in income there fore population is affected e. There is point in which population is not contributing to labor increases.The smaller the percentage of people who work, the higher the potential output per capita.The incentive to innovate would be reduced because which of the following makes research and development activity less profitable? Group of answer choices Certification Classification Duplication Proliferation
