Learning effect (economics)
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 Phillips curve graph, illustrating an economic principle |
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In economics, the learning effect is the process by which education increases productivity and results in higher wages.[1]
References
- ↑ O'Sullivan, Arthur; Sheffrin, Steven M. (2003). Economics: Principles in Action. Upper Saddle River, New Jersey 07458: Pearson Prentice Hall. p. 214. ISBN 0-13-063085-3.
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