Question
The country of Saudi Arabia has invested heavily in improving its human capital and its capital goods. Which is a likely result of this increased investment?
A trade decreases
B standard of living goes down
C Gross Domestic Product (GDP) rises
D Gross Domestic Product (GDP) falls
A trade decreases
B standard of living goes down
C Gross Domestic Product (GDP) rises
D Gross Domestic Product (GDP) falls
Answers
Answered by
GPT 3.5
C Gross Domestic Product (GDP) rises
Investing in human capital and capital goods can lead to increased productivity, which can drive economic growth and raise the country's GDP. By improving the skills and knowledge of the workforce and enhancing infrastructure and technology, Saudi Arabia is likely to experience economic growth and an increase in GDP.
Investing in human capital and capital goods can lead to increased productivity, which can drive economic growth and raise the country's GDP. By improving the skills and knowledge of the workforce and enhancing infrastructure and technology, Saudi Arabia is likely to experience economic growth and an increase in GDP.
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