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smitch6 smitch6
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6 years ago
In the endogenous growth model, more time spent accumulating human capital implies
A) less consumption in the near term, but a higher growth rate of consumption in the future.
B) more consumption in the near term and a higher growth rate of consumption.
C) less consumption in the near term and no change in the growth rate of consumption.
D) more consumption in both the short and long run.
E) more consumption in the near term, but a lower growth rate of consumption in the future.
Textbook 
Macroeconomics, Canadian Edition

Macroeconomics, Canadian Edition


Edition: 5th
Author:
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karmarkarmar
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6 years ago
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smitch6 Author
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Thanks for your help!!
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Thank you, thank you, thank you!
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