Technological progress allows workers to produce more:
A) because it increases the amount of physical capital available.
B) because it increases the amount of human capital available.
C) even when the amount of physical capital and human capital do not change.
D) only if the amount of physical capital grows at the same rate.
Correct Answer:
Verified
Q70: The skills, training, and education possessed by
Q71: Which factor will NOT increase labor's productivity?
A)
Q72: Physical capital includes:
A) a worker's education or
Q73: To acquire human capital a person would:
A)
Q74: An example of physical capital is a:
A)
Q76: Rising high school graduation rates are an
Q77: A reason that does NOT explain why
Q78: Human capital is:
A) the improvement in labor
Q79: For developed countries, which factor is considered
Q80: The improvement in labor made possible by
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