The concept of investment in human capital indicates, Ask an Expert

Economics

The concept of investment in human capital indicates that:

union workers are better educated and more productive than nonunion workers.

expenditures on education can be explained in essentially the same way as expenditures on machinery and equipment.

worker productivity correlates negatively with annual earnings.

the level of education is unrelated to the level of one's income.

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M91678240

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