Other things the same,which of the following could explain an increase in productivity?
A)either an increase in human capital or an increase in 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 productivity can be explained by an increase in either human capital or physical capital. Human capital refers to the knowledge, skills, and abilities of workers, while physical capital refers to the machinery, equipment, and infrastructure used in production. Increasing either of these factors can lead to an increase in productivity.

Other Things the Same,which of the Following Could Explain an Increase