=+d. An unskilled worker earns the marginal product of labor, whereas a skilled worker earns the marginal

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=+d. An unskilled worker earns the marginal product of labor, whereas a skilled worker earns the marginal product of labor plus the marginal product of human capital. Using your answers to parts

(a) and (b), fi nd the ratio of

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Macroeconomics

ISBN: 9781429240024

8th Edition

Authors: N Gregory Mankiw

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