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If, in a givencountry, there is a large effect of the human capital of others on human capital accumulation by eachindividual, then A. the government
If, in a givencountry, there is a large effect of the human capital of others on human capital accumulation by eachindividual, then
A.
the government should tax human capital transfers.
B.
the economy must be inefficient.
C.
this is probably due to private education.
D.
incomes will never converge across the population.
E.
there will be speedy convergence in incomes across the population.
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