Which of the following statements are appropriate when considering people as a resource for the economy?
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Investment in education and health improves the productive capacity of the population.
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Human capital refers to the skills and knowledge possessed by individuals.
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The productivity of a country is solely dependent on its natural resources.
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Population can contribute to the creation of the Gross National Product.
Options:
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Statements i and ii are appropriate.
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Statements i, ii, and iv are appropriate.
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Statements ii and iii are appropriate.
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Statements iii and iv are appropriate.
Answer:
Answer by Student
The correct answer is (B): Statements i, ii, and iv are appropriate.
Detailed Answer by Teachoo
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