If a Country Devotes Its Resources to Acquiring More Physical

question 102

Multiple Choice

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

• A) increase its productivity.
• B) increase its current consumption.
• C) decrease its output per person.
• D) All of these are true.

---

Definitions:

Aesthetic Needs

Human desires related to the appreciation of beauty, art, and pleasing experiences in one's environment.

Cognitive Needs

Psychological requirements for understanding, curiosity, knowledge, and meaning.

Esteem Needs

According to Maslow's hierarchy, the human need for respect, self-esteem, and recognition from others.

Self-Actualization

A concept in psychology, particularly within the humanistic approach, referring to the realization of one's full potential, expressing one's creativity, quest for spiritual enlightenment, pursuit of knowledge, and desire to give to society.