c. In each year, how many minutes does a worker have to work to earn enough to buy a newspaper?
d. Did workers’ purchasing power in terms of newspapers rise or fall?
25.4) What is the opportunity cost of investing in capital? Do you think a country can “overinvest” in capital? What is the opportunity cost of investing in human capital? Do you think a country can “overinvest” in human capital? Explain.
25.7) In many developing nations, young women have lower enrollment rates in secondary school than do young men. Describe several ways in which greater educational opportunities foryoung women could lead to faster economic growth in these countries.