The country of Yipi can raise its productivity by investing more in
A)both human and physical capital
B)human capital only
C)physical capital only
D)stable foreign economies
E)stocks and bonds

Question

Quizplus · Accepted Answer

Investing in both human and physical capital can increase productivity in the country of Yipi. Human capital refers to the skills, knowledge, and education of the workforce, while physical capital includes machinery, equipment, and infrastructure. By investing in both types of capital, Yipi can improve the skills and knowledge of its workforce while also making sure that they have access to the necessary tools and infrastructure to do their jobs efficiently. This can lead to higher productivity and long-term economic growth.

The Country of Yipi Can Raise Its Productivity by Investing