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A high level of physical and human capital can lead to a higher level of __
Economic growth
Population
Inflation
Poverty
- Economic Growth (Option 1):
- A high level of physical capital (machinery, tools) boosts productivity.
- Human capital (skills, education) enhances workforce efficiency.
- Together, they drive economic growth by increasing output and innovation.
- Correct Answer: Economic growth is typically the result of investments in both physical and human capital.
- Population (Option 2):
- Not directly related. Higher capital doesn't necessarily increase population.
- Population may grow due to other factors like birth rate and migration.
- Inflation (Option 3):
- Usually linked to monetary factors, not directly to capital levels.
- High productivity can sometimes stabilize prices, reducing inflation.
- Poverty (Option 4):
- Higher capital can reduce poverty by creating jobs and increasing incomes.
- But not the main measure or result of capital levels.
By: santosh ProfileResourcesReport error
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