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Answer to Question #266047 in Macroeconomics for sofia

Question #266047

i wanna ask, what are the effect of an increase in human capital on the

equilibrium values of real wage and employment?




1
Expert's answer
2021-11-15T11:25:22-0500

Increases in human capital will cause the equilibrium wage to fall.Increases in human capital will cause the equilibrium level of employment to rise.


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