The government decides to subsidize the development of a new communications network. It is acting in its role to promote economic growth by

Question

Quizplus · Accepted Answer

By subsidizing the development of a new communications network, the government is enhancing physical capital, which provides the necessary infrastructure for businesses and individuals to engage in economic activity. This can lead to job creation, innovation, and increased productivity, all of which contribute to overall economic growth. This is in line with the government's role to promote economic growth by enhancing physical and human capital. The other options listed are also important for economic growth, but they are not directly related to the government's decision to subsidize the development of a new communications network.

The Government Decides to Subsidize the Development of a New