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Factors of Production
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Problem 10
Factors of Production
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0. Basic Principles of Economics / Factors of Production / Problem 10
Problem 10
How might the relationship between human capital and productivity differ between a developed and a developing country?
A
Developed countries have a surplus of natural resources, reducing the need for human capital.
B
Developed countries have less need for human capital.
C
Human capital is irrelevant to productivity in both types of countries.
D
Developing countries may have lower productivity due to less investment in education and training.
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