Economics · Human Capital Formation
The growth of the education sector contributes to long-term economic development primarily by doing which of the following?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Reducing total population size
- 2Improving labor productivity and efficiency✓
- 3Increasing structural inflation
- 4Reducing national savings rates
Correct answer
Improving labor productivity and efficiency
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