Principles of Economics (Second Edition)
Principles of Economics (Second Edition)
2nd Edition
ISBN: 9780393614077
Author: coppock, Lee; Mateer, Dirk
Publisher: W. W. Norton & Company
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Chapter 24, Problem 2QFR
To determine

To explain:

The difference between human capital and workers available for work.

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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.
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.
What determines how productive workers are? How do gains in labor productivity lead to gains in GDP per capita?
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