If a Country Devotes Its Resources to Acquiring More Physical

question 64

Multiple Choice

If a country devotes its resources to acquiring more physical capital:

• A)it faces the investment trade-off.
• B)it will have more GDP per capita in the future.
• C)it will have less current consumption.
• D)All of these are true.

---

Definitions:

Unanimous Shareholders' Agreement

A contract among all shareholders of a company that may alter or remove the powers of the directors.

Fiduciary Duty

An obligation to act in the best interest of another party, such as a trustee's duty towards beneficiaries.

Closely Held

A description for a corporation or company that has a small number of shareholders, often characterized by its shares not being widely available to the public.

Fiduciary Duty

A legal obligation requiring one party to act solely in another party's interest with a high standard of care, especially in matters concerning trust and confidence.