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Principles of Economics 2e

2nd Edition
Steven A. Greenlaw; David Shapiro
ISBN: 9781947172364

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BuyFindarrow_forward

Principles of Economics 2e

2nd Edition
Steven A. Greenlaw; David Shapiro
ISBN: 9781947172364
Textbook Problem

Education seems to be important for human capital deepening. As people become better educated and more knowledgeable, are there limits to how much additional benefit more education can provide? Why or why not?

To determine

If the people become better educated and more knowledgeable, are there boundaries on the amount of additional benefits more education can be provided is to be determined.

Explanation

This is true that as people become well educated and more knowledgeable, they will be able to get additional benefits from the education.

When the level of capital per person is increased in the society, it will result in capital deepening ...

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