Which of the Following Would Increase Productivity

question 136

Multiple Choice

Which of the following would increase productivity?

• A)an increase in the physical capital stock per worker
• B)an increase in human capital per worker
• C)an increase in natural resources per worker
• D)All of the above are correct.

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Definitions:

Covenant

A formal, binding agreement or promise, often found in contracts and legal documents.

Crown Patent

An official document transferring land from the Crown (government) to an individual, entity, or corporation, granting them ownership.

Fee Simple

The highest level of land ownership, giving the owner complete control over the property, subject to government laws.

Life Estate

A legal interest in property that lasts for the duration of a person's life, allowing them to use the property but not sell it outright.