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Elementary,Middle School,High School,College,University,PHD
| Teaching Since: | May 2017 |
| Last Sign in: | 408 Weeks Ago, 6 Days Ago |
| Questions Answered: | 66690 |
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MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
Why is the internal rate of return from human capital investment subject to diminishing returns? Explain the rationale for identifying the “diminishing rate of returns to education curve” as the “demand for human capital curve.” Combine the demand for human capital curve with a “supply of investment funds curve” to explain why various individuals find it rational to invest in different amounts of human capital. What are the implications of your answer for the personal distribution of income? Do you think that the educational system in the United States contributes to more or less equality in the distribution of earnings? Explain. If you wanted to reduce inequality in the distribution of earnings, what policy recommendations would you make?
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