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ice5192 ice5192
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6 years ago
In the equation describing the accumulation of human capital, H' = b(1 - u)H, the parameter b determines
A) the efficiency of the educational sector.
B) the efficiency of human capital.
C) physical capital accumulation.
D) the level of human capital in equilibrium.
E) the growth rate of the labour force in equilibrium.
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Macroeconomics, Canadian Edition

Macroeconomics, Canadian Edition


Edition: 5th
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karmarkarmar
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