Multiple Choice
A human capital externality is
A) when there is a human capital congestion effect.
B) when human capital causes pollution.
C) when someone purchases a book, for example.
D) when an individual has an unique skill.
E) when higher human capital for one person increases the human capital of others, or makes them more productive.
Correct Answer:

Verified
Correct Answer:
Verified
Q12: The importance of barriers to the adoption
Q13: Parente and Prescott provide evidence that total
Q14: A key characteristic of the production function
Q15: In the endogenous growth models of Lucas
Q16: The government can cause growth to increase
Q18: In the endogenous growth model, for the
Q19: In the endogenous growth model, more time
Q20: The Solow growth model<br>A) does a better
Q21: Government policies that increase the efficiency of
Q22: In contrast to the Solow growth model,