If a country's human capital improves,the country will have ________ for a given level of physical capital stock.

Question

Quizplus · Accepted Answer

Human capital refers to the knowledge, skills, and abilities of a country's workforce. If human capital improves, the productivity of the workforce improves, which leads to a more efficient use of physical capital. This, in turn, leads to a higher GDP for the country. Therefore, choice A, a higher GDP, is the correct answer.

If a Country's Human Capital Improves,the Country Will Have ________