A country can acquire more physical capital if it:

Question

Quizplus · Accepted Answer

In order to acquire more physical capital, a country must invest in it, which means sacrificing current consumption in favor of future production. This is because physical capital, such as machinery or infrastructure, is expensive and requires resources to produce. Therefore, a country must be willing to forgo some current consumption in order to invest in physical capital, which should lead to increased future production and consumption.

A Country Can Acquire More Physical Capital If It