2. Would you expect the returns to a dollar of investment in education to vary from those...

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2. Would you expect the returns to a dollar of investment in education to vary from those in industrial plant, machinery, and equipment? Would noneconomic educational benefits affect the decision under perfect competition to equalize the expected marginal rate of return per dollar in each investment?

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Economic Development

ISBN: 978-0521829663

4th Edition

Authors: E Wayne Nafziger

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