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Gnoma [55]
1 year ago
15

According to the aggregate production function, gdp increases when a nation ____________.

Business
1 answer:
cluponka [151]1 year ago
4 0

According to the aggregate production function, GDP increases when a nation increases the human capital of its workers. Social scientists refer to personal qualities seen to be helpful in the manufacturing process as "human capital."  Individual incomes are significantly impacted by human capital. According to research, making economic investments in human capital pays off handsomely throughout youth and young adulthood.

Through education and training, for instance, businesses can invest in human capital, enabling higher standards of quality and output. Paul Romer, who created the current innovation-driven approach to comprehending economic growth, was jointly awarded the 2018 Nobel Prize for Economics as a result of his conceptualization.

To learn more about human capital, click here.

brainly.com/question/28244215

#SPJ4

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Habit Loop

Explanation:

Habit Loop -

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5 0
3 years ago
2.3 The Ledger and Posting
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The net change in the Cash account balance from these three transactions is $30,000

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8 0
1 year ago
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3 years ago
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Answer:

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