Correct answer choice for question 1 is :
C) Increase in production speed and quality.
Explanation:
Physical Capital leads to a part of the production, such as machinery, buildings, or computers. In an economic system, Physical Capital is one of the three main parts of the production, also identified as data generation function. The greater productivity rising from investment in physical capital results in economic growth and the potential for a higher pattern of living. For this reason, some advances in physical capital are made using state funds.
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Correct answer choice for question 2 is :
A) Increase in literacy rate.
Explanation:
Human capital is an asset consisting of the information and abilities held by a person that can be applied by a company to promote its goals. Human capital is necessary because some level of human experience and skills is important in order for an association to achieve anything. The firm can enhance its human capital by spending in a graduate business degree for the engineer.
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Correct answer choice for question 3 is :
B) Increase in foreign demand for goods
Explanation:
Several nations use various currencies, in the international trade includes a trade of currencies.It takes place to the foreign exchange market, it may attempt to improve the currency value. One product can generate lower probability cost related to the other nations. Trading globally gives customers and countries the chance to be opened to goods and services not accessible in their own countries.
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