In order to raise its productivity, in which of the following should the country of Yipi invest more?
A) in human capital and in physical capital
B) in human capital only
C) in physical capital only
D) in stable foreign economies

Question

In order to raise its productivity, in which of the following should the country of Yipi invest more?  
A) in human capital and in physical capital 
B) in human capital only 
C) in physical capital only 
D) in stable foreign economies

Quizplus · Accepted Answer

Investing in both human and physical capital can lead to an increase in productivity. Human capital refers to the knowledge, skills, and abilities of the workforce, which can be enhanced through education and training. Physical capital refers to the tools, equipment, and infrastructure used in production. By investing in both, a country can ensure that its workforce is equipped with the necessary knowledge and tools to maximize productivity. Investing in stable foreign economies may provide benefits but it is not directly linked to increasing productivity within Yipi.

In Order to Raise Its Productivity, in Which of the Following