Which of the Following Are Reasons to Suspect Spending on Education

question 38

Multiple Choice

Which of the following are reasons to suspect spending on education might overestimate human capital investment?

• A) Much human capital investment comes from on- the- job training.
• B) Education spending leaves out foregone wages.
• C) Part of total spending on education is really consumption.
• D) All of the above.
• E) None of the above.

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Definitions:

World Exports

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Largest Share

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Germany

A country in Central Europe, known for its rich history, cultural heritage, and as a key economic and political power in the European Union.

Comparative Advantage

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