An increase in human capital would lead to

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Human capital refers to the skills, knowledge, and expertise possessed by individuals that contribute to their ability to produce goods and services. An increase in human capital would result in a better-educated, more skilled workforce that is capable of producing more output per unit of time. This, in turn, would shift the production function upward, leading to higher levels of economic growth and a higher standard of living.

An Increase in Human Capital Would Lead to