Other things the same,which of the following would increase productivity?
A)an increase in either human or physical capital
B)an increase in human capital but not an increase in physical capital
C)an increase in physical capital but not an increase in human capital
D)neither an increase in human capital nor an increase in physical capital

Question

Quizplus · Accepted Answer

An increase in either human or physical capital would lead to an increase in productivity. Human capital refers to the knowledge, skills, and experience of the workforce, while physical capital refers to the tools, machines, and infrastructure used in production. Both of these factors have a significant impact on productivity.

Other Things the Same,which of the Following Would Increase Productivity