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- Describe two examples of human capital that you have developed. List three additional examples of human capital you would like to develop and specifically how you might be able to develop it.What is the opportunity cost of investing in the capital?Do you think a country can overinvest in capital?What is the opportunity cost of investing in human capital?Do you think a country can overinvest in human capital?Explain.Explain Human Capital Theory: who are the major contributors and what it is about?
- The smaller the percentage of people who work, the higher the potential output per capita.In Investment in Human Capital (1962) paper by Gary Becker, what were his key findings and why was it important ?Despite initial barriers,barcodes have spread globally. What does this imply about differences in economic growth across countries?
