Everything Else Equal,as Increase in Investment in Physical and Human

question 178

True/False

Everything else equal,as increase in investment in physical and human capital will mean lower living standards in the present,because the opportunity cost of investment is foregone consumer goods.

---

Definitions:

Encourage Bleeding

A medical procedure or advice aimed at promoting or allowing bleeding, used in specific therapeutic contexts such as reducing pressure or toxicity in a localized area.

Septicemia

A systemic disease associated with presence of pathogenic microorganisms or their toxins in blood.

Microorganisms

Tiny living organisms, such as bacteria, viruses, fungi, and protozoa, that can only be seen under a microscope and play various roles in the environment, human body, and disease.

Leukocytosis

An increase in the number of white blood cells.