Deepening of human capital in the U.S. economy focuses:
a. more on additional education and training than on a higher average level of work experience.
b. more on a higher average level of work experience than on additional education and training.
c. more on the reduction of the cost of capital than on additional training
d. more on increasing the stock of physical capital than on higher education.
a
Economics
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The quantity of labor demanded definitely increases if the
A) supply of labor decreases. B) real wage rate falls. C) nominal wage rate rises. D) real wage rate rises. E) nominal wage rate falls.
Economics
What could explain why South Korea's gross domestic product (GDP) per capita increased so much faster since the 1970s than North Korea's GDP per capita?
What will be an ideal response?
Economics