Human capital refers to human-made capital such as tools and machinery, as opposed to natural capital such as rivers and timber.
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Q11: Most economists believe that inward-oriented policies that
Q12: The United Kingdom should grow faster than
Q13: Once a country is wealthy,
A) it no
Q14: The opportunity cost of growth is
A) a
Q15: An increase in the rate of saving
Q17: If Germans invest in the UK economy
Q18: Which of the following statements is true?
A)
Q19: A reasonable measure of the standard of
Q20: When a nation has very little GDP
Q21: Ownership of natural resources is not necessary
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