Other things the same, which of the following would increase productivity?
A)An increase in either human or physical capital
B)An increase in human capital but not an increase in physical capital
C)An increase in physical capital but not an increase in human capital
D)Neither an increase in human capital nor an increase in physical capital

Question

Quizplus · Accepted Answer

Increases in either human capital (skills, knowledge, and experience of labor) or physical capital (machinery, buildings, and equipment) can lead to higher productivity by making labor more efficient and increasing output per worker.

Other Things the Same, Which of the Following Would Increase