Robert Lucas Argues That There Are ________ Returns to Human

question 186

Multiple Choice

Robert Lucas argues that there are ________ returns to human capital,and these productivity increases are not completely captured by individuals as they decide how much education to purchase.As a result,the market produces ________ education and training.

• A)increasing; too much
• B)decreasing; too much
• C)increasing; too little
• D)decreasing; too little

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Definitions:

Radical Tactics

Extreme or unconventional strategies utilized to bring about significant change, often employed in political or social movements.

IWW

The Industrial Workers of the World, a union aiming at uniting all workers to work as a cohesive group for labor rights.

Employers

Individuals or entities that hire and pay people to work for them, typically within the context of a business or organization.

Syndicalism

A political and economic theory promoting the direct action of workers and the management of industry through trade unions.