Would a shift from investment in capital goods to investment in education increase or decrease the growth

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Would a shift from investment in capital goods to investment in education increase or decrease the growth rate of real GDP per capita?

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Exploring Economics

ISBN: 9781439040249

5th Edition

Authors: Robert L Sexton

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Question Posted: Feb 07, 2013 05:47 AM

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Would a shift from investment in capital goods to investment in education increase or decrease the growth

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It depends Both capital investment and human capital investment increase productivity so the answer ...View the full answer

Exploring Economics

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