All Else Equal,which of the Following Would Tend to Cause

question 59

Multiple Choice

All else equal,which of the following would tend to cause real GDP per person to rise?

• A)Changing policy from outward to inward oriented.
• B)Investment in human capital.
• C)In the short-term, effects of a rapid growth in the number of workers.
• D)All of the above are correct.

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Definitions:

Carrying Costs

Expenses associated with holding inventory, including storage, insurance, taxes, and opportunity costs.

Inventory Costs

Expenses associated with the purchase and maintenance of goods for sale, including storage, managing, and insurance costs.

Order Size

The quantity of assets bought or sold in financial markets, determining the scale of a trade.

Restocking Quantity

The volume of stock replenished in inventory after selling out or reducing existing stock levels to accommodate for future sales.