If at the same time that the demand for human capital increases, there is also a reduction in the supply of funds for human capital investment, interest rates.
If at the same time that the demand for human capital increases, there is also a reduction in the supply of funds for human capital investment, interest rates.
Microeconomics: Private and Public Choice (MindTap Course List)
16th Edition
ISBN:9781305506893
Author:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Publisher:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Chapter14: Investment, The Capital Market, And The Wealth Of Nations
Section: Chapter Questions
Problem 3CQ
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Question
K15
![If at the same time that the demand for
human capital increases, there is also a
reduction in the supply of funds for
human capital investment, interest rates
and the cost of investment
the investment in human capital
_, and
a. increase; decreases
b. may rise, fall, or stay the same;
increases
c. increase; may rise, fall, or stay the same
d. increase; increases](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F5599e9cb-a4dd-4f8c-bb48-743e85aa17a0%2Fbf1dc921-6af6-4a40-a41f-caa05b5499d6%2Fmbqss3g_processed.jpeg&w=3840&q=75)
Transcribed Image Text:If at the same time that the demand for
human capital increases, there is also a
reduction in the supply of funds for
human capital investment, interest rates
and the cost of investment
the investment in human capital
_, and
a. increase; decreases
b. may rise, fall, or stay the same;
increases
c. increase; may rise, fall, or stay the same
d. increase; increases
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