Solved

Investments in Both Physical and Human Capital Enhance Economic Growth

Question 11

Multiple Choice

Investments in both physical and human capital enhance economic growth because they:


A) increases consumption during the current period.
B) makes it possible for individuals to produce more goods and services per hour worked.
C) encourages firms to expand output by employing more low-productivity workers.
D) encourages workers to unionize and, thereby, fight for higher wages.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents