Given that human capital is the discounted value of all future earning over life time, explain...
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Given that human capital is the discounted value of all future earning over life time, explain why health can interact with one's human capital. (2 points) HCK = Ek(yk + R-¹yk+1++R-Tyk+T) k+T Ε.(Σ=T R-y:) i=k Given that human capital is the discounted value of all future earning over life time, explain why health can interact with one's human capital. (2 points) HCK = Ek(yk + R-¹yk+1++R-Tyk+T) k+T Ε.(Σ=T R-y:) i=k
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Health is an important factor in determining ones human capital Poor health can have a negative impact on an individuals ability to work and earn inco... View the full answer
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