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loris [4]
2 years ago
5

Match each term with its description. Tiles human capital right gross domestic product infrastructure physical capital Pairs the

direction a production possibilities curve shifts when the economy grows
Business
1 answer:
Yuki888 [10]2 years ago
5 0

All are terms relating to Economic Growth.

  • Right: the direction a production possibilities curve shifts when the economy grows.
  • Tiles: Physical Capital
  • Human capital: the skills and knowledge that employees bring to their jobs.
  • Infrastructure: the items necessary for a business or community to function, such as railroads, airports, hospitals, and Internet.
<h3><u>What is Economic growth of a country?</u></h3>
  • When comparing one period of time to another, economic growth is a rise in the production of economic commodities and services. It can be calculated in nominal or real (inflation-adjusted) terms.
  • Although other metrics are also employed, gross national product (GNP) or gross domestic product (GDP) are the most common ways to quantify overall economic growth.
  • An economy is said to be experiencing economic growth when its total output rises. Gains in overall production frequently, but not always, correlate with higher average marginal productivity.

In economic growth, there is a gain in income, which encourages people to spend more money on goods and services, raising the standard of living or quality of life in tangible terms.

Know more about Economic growth with the help of the given link:

brainly.com/question/16999482

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Explanation:

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Malcolm Industries recently hired a large number of workers for the company's new construction factory in Colorado. During the h
Arturiano [62]

The complete question should have been:

Malcolm Industries recently hired a large number of workers for the company's new construction factory in Colorado. During the hiring process, the management made a clear effort to recruit physically strong individuals because the work at the factory involves manual labor. The jobs need to be performed by individuals who have the energy and physical stamina to work for long hours. Which of the following surface-level characteristics did the company most likely concentrate on when selecting the new workers?

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Answer:

The labor would increase

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