The following five statements relate to the market for human capital. Determine if each statement is TRUE or FALSE by placing it in the correct bin. TRUE FALSE The demand for human capital investment slopes upwards. The higher an individual's learning capacity, the greater are the expected benefits of human capital investment. Students pay for education by using low-cost funds (like borrowing from family) before using high-cost funds (like borrowing from a bank). Individuals from wealthy families tend to have a higher cost pool of funds available compared to less wealthy families. The supply of funds for human capital investment exhibits a positive slope.
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