To achieve a higher stock of human capital in its economy, a nation should: A) e

ID: 1257609 • Letter: T

Question

To achieve a higher stock of human capital in its economy, a nation should:
A) encourage population growth B) promote tax- deductible college savings plans C) use less capital and more labor in the production process To achieve a higher stock of human capital in its economy, a nation should:
A) encourage population growth B) promote tax- deductible college savings plans C) use less capital and more labor in the production process
A) encourage population growth B) promote tax- deductible college savings plans C) use less capital and more labor in the production process

Explanation / Answer

Option (B).

Tax-deductible college savings plans will encourage people to undertake college education, which will increase knowledge and skills, therefore increasing human capital in the economy.

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To achieve a higher stock of human capital in its economy, a nation should: A) e

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