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What way is a college degree a form of capital

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Reference no: EM133125241

'Production and Growth'

In what way is a college degree a form of capital?  

How does the rate of population growth influence the level of GDP per person?

Suppose that society decided to reduce consumption and increase investment.

  1. How would this change affect economic growth?
  2. What groups in society would benefit from this change? What groups might be hurt?

Reference no: EM133125241

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