1. fiogf49gjkf0d fiogf49gjkf0d What is an investment? What is an investment in human capital? |
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2. fiogf49gjkf0d fiogf49gjkf0d Give some examples of human capital investments. |
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3. fiogf49gjkf0d fiogf49gjkf0d Why is it important to use the present value concept when examining human capital investments? |
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4. fiogf49gjkf0d fiogf49gjkf0d What is the predicted effect of an increase in interest rate on college attendance? |
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5. fiogf49gjkf0d fiogf49gjkf0d Explain why, if capital markets are perfect, high- and low-ability workers are predicted to have the same rate of return on their human capital investments. What happens if capital markets are imperfect? |
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