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Physical capital differences across countries can be seen in the fact that
Observation
A method of data collection involving closely monitoring and recording behaviors, actions, or events as they occur naturally, without interference.
Theory Development
The process of constructing a coherent set of propositions or hypotheses to explain phenomena, often tested through scientific research.
Hypothesis Testing
A statistical method that is used in making statistical decisions using experimental data.
Specific Hypotheses
Precise, testable predictions derived from a broader theory that specify the expected relationship between variables.
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