Standards of Living in the Long Run Have Been Improved

question 2

Multiple Choice

Standards of living in the long run have been improved by:

• A)investment in physical capital.
• B)investment in human capital.
• C)higher inflation.
• D)lower nominal interest rates.
• E)a and b

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Definitions:

Internet Access

The ability of individuals or organizations to connect to the Internet using computers and mobile devices.

Desktop as a Service

A cloud computing offering where a virtual desktop infrastructure is hosted by a third party and delivered over the internet, allowing users to access their desktop and applications from any device.

Service Over the Internet

Provision of services to users over the internet, often involving cloud computing or online platforms.

Netiquette

The set of rules and conventions governing polite and appropriate behavior in online communications and interactions.