Write down an educational production function in levels and another in a value added form Explain their elements
1.Write down an educational production function in levels and another in a value added form. Explain their elements. Which form of educational production function does Hanushek favour? List three difficulties in estimating these production functions.
2.In 1970, women made up around 39% per cent of all university students in Canada. Currently, they are around 60%. What factors could explain this change?
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