For a country to acquire more physical capital it:

Name: For a country to acquire more physical capital it:
Brand: Quizplus
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Question

Quizplus · Accepted Answer

All three statements are correct. In order to acquire more physical capital, a country must invest in its capital stock which requires channeling resources away from current consumption. This involves a trade-off between present consumption and future production potential. Therefore, the country must pay for the investment by reducing current consumption.

For a Country to Acquire More Physical Capital It