According to the Text,social Capital Is Less Tangible Than Physical

question 60

True/False

According to the text,social capital is less tangible than physical and even human capital because its value can be easily assessed and measured.

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Definitions:

Aggregate Demand

The aggregate need for products and services throughout an economy, specified at a consistent price level and during a certain time.

National Saving

The total saving in an economy, consisting of both private savings by households and businesses, and public savings by the government.

Formal Budget Process

The systematic procedures followed by organizations or governments to estimate revenues, plan expenditures, and manage finances.

Economic Report

A document that provides information about the economic performance, policies, and conditions of a country, region, company, or sector.