Multiple Choice
In the richer countries, over the past two centuries:
A) physical capital has increased significantly, but not human capital.
B) physical capital has steadily increased, while human capital first increased and then decreased.
C) human capital has increased significantly, but not physical capital.
D) physical and human capital have both increased significantly.
E) physical and human capital have both increased significantly, but the increase in physical capital has caused almost all of the growth in output.
Correct Answer:

Verified
Correct Answer:
Verified
Q1: Suppose the following situation exists for an
Q3: Suppose an economy experiences a decrease in
Q4: Suppose there is a decrease in the
Q5: Assume zero population growth and zero technical
Q6: Which of the following statements is always
Q7: When the economy is in the steady
Q8: Suppose the following situation exists for an
Q9: The main macroeconomic implication of a pay-
Q10: The main macroeconomic implication of a fully
Q11: Which of the following will likely cause