Solved

Investment in Both Physical and Human Capital Enhances Economic Growth

Question 41

Multiple Choice

Investment in both physical and human capital enhances economic growth because it:


A) increases consumption during the current period.
B) makes it possible for individuals to produce more goods and services per hour worked.
C) encourages firms to expand output by employing more low-productivity workers.
D) encourages workers to unionize and, thereby, fight for higher wages.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions