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While math or chemistry is glorified as the most dreaded subjects, but economics isn't far behind in that list either. In fact, you can ask any student pursuing economics on how challenging it is, and they would give you a hundred different points. If you feel the same way, then luckily you have a chance to save your failing grades by availing the economics homework help from MyAssignmenthelp.com.You will find different kinds of services like business economics homework help or financial economics homework help when you approach us. Learn how our experts work on different topics of economics.
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What is human capital, and how is it different from strictly the quantity of workers available for work? Name three ways to increase a nation’s human capital. Is an increase in the size of the labor force also an increase in the human capital? Explain your answer.
2)The Rule of 70 applies in any growth rate application. Let’s say you have $1000 in savings and you have three alternatives for investing these funds. How long would it take to double your savings in each of these 3 accounts?
a.A savings account earning 2% interest per year.
b.A U.S. Treasury bond mutual fund earning 5% interest per year.
c.A stock market mutual fund earning 7% interest per year.
Human capital is acknowledged as the skilled labour force, who is productive in nature to add values and output to the existing product stock (Fitzsimons, 2015). There is difference between human capital and total number of workers available for work in the market because, it may so happen that all the workers available in the workforce may not be skilled and unless they are not skilled they cannot be called human capital (Bidwell et al. 2015).Three ways to increase human capital are as follows (Lutz, Butz & Samir, 2017):
Yes, it is true that an increase in labour force can lead to increase in human capital because with rise in labour force, there will be availability of more skilled labour in market (Ehrenberg & Smith, 2016). It will lead to rise in the number of skilled labour available. However, there is also possibility that though there is rise in labour force, all of the new labours are unskilled in nature. In this scenario, there will be no rise in human capital though there will be rise in overall labour force. read more
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This section elaborates on how the central banks develop monetary policy by regulating the money supply through several mechanisms. If you are not well-versed with this area of macroeconomics, then seeking our help with economics homework would be a novel idea. The experts working for our site will create impeccable quality academic papers when you need help with your economics homework.
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Fiscal policy is adopted by a nation’s government to influence its economy through the use of expenditure and revenue. This area of macroeconomics may not be all that simple when you get down to write your answers. But one great alternative is to hire our economics homework helpers to work on your papers. These experts will diligently maintain the quality of your academic papers.No matter which topic of the macroeconomics you are stuck at, our experts on online economics homework help will put you out of your misery. Preparing an outstanding economics paper will be a lot less daunting with our support.
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