Personal Differences in Demand for Human Capital Curves Can Be

question 34

Multiple Choice

Personal differences in demand for human capital curves can be explained by differences in all of the following,except:

• A)ability
• B)access to investment funds
• C)discrimination
• D)discount rates

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Definitions:

Capital

Refers to assets or resources that businesses or individuals use to generate wealth through investment.

Saving Rates

The proportion of disposable income that individuals or an economy as a whole save rather than spend on consumption.

Income Growth

An increase in the amount of money earned by individuals or households over time.

Country

A distinct territorial body or political entity that is recognized as an independent nation.