
Macroeconomics 1st Edition by Dean Karlan,Jonathan Morduch
Edition 1ISBN: 978-0077332648
Macroeconomics 1st Edition by Dean Karlan,Jonathan Morduch
Edition 1ISBN: 978-0077332648 Exercise 25
While listening to the radio on the way to school, you hear a politician from a small, low-income nation say the following: "Over the last five years, there has been a 10 percent increase in the number of children attending school full time. We can expect to see these children grow up to be more productive workers, because their human capital has increased."
Is the politician's statement true, false, or somewhere in between? Explain your answer.
Is the politician's statement true, false, or somewhere in between? Explain your answer.
Explanation
Human Capital:
Education is one of the ...
Macroeconomics 1st Edition by Dean Karlan,Jonathan Morduch
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