The government in Dirk’s country make sure its citizens get a good basic education, but it is still much poorer than its neighbors. What step might Dirk’s government take to further improve its human capital and thus increase its economic growth rate?

a. It could strive to improve health conditions.
b. It could use irrigation to increase farmland.
c. It could invite foreign companies to build advanced factories there.
d. It could offer grants for research.

a. It could strive to improve health conditions.

Economics

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There is no opportunity cost of obtaining

A) a free good. B) a scarce good. C) any good a person acquires, as long as they value it highly enough. D) any good a person acquires, as long a they think it is worth the effort.

Economics

The price of old (or existing) bonds and interest rates have an inverse relationship

Indicate whether the statement is true or false

Economics