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
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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
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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