Which of the Following Are Reasons to Suspect Spending on Education

question 20

Multiple Choice

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

• A)education spending leaves out foregone wages.
• B)part of total spending on education is really consumption.
• C)much human capital investment comes from on-the-job training.
• D)all of the above
• E)none of the above

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Definitions:

Ovulated Oocyte

A mature female reproductive cell (egg) that has been released from the ovary and is ready for fertilization.

Fertilization

The process by which a sperm cell unites with an egg cell, initiating the development of a new organism.

Fallopian Tubes

Tubes that extend from the uterus to the ovaries, providing the path for an egg to travel during ovulation.

Spermatogenesis

The process of sperm cell development, occurring in the testes of males.