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Given that human capital is the discounted value of all future earning over life time, explain why health can interact with one's human capital.
Given that human capital is the discounted value of all future earning over life time, explain why health can interact with one's human capital. (2 points) HCK = Ek(yk + R-yk+1++R-Tyk+T) k+T .(=T R-y:) i=k
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Health is an important factor in determining ones human capital Poor health can have a negative impact on an individuals ability to work and earn inco...
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