Answered: The accumulated knowledge, skills, and…

The accumulated knowledge, skills, and expertise of the average worker in an economy is known as O Education O Technological Progress O Human capital O Physical capital

Principles of Economics 2e

2nd Edition

ISBN:9781947172364

Author:Steven A. Greenlaw; David Shapiro

Publisher:Steven A. Greenlaw; David Shapiro

Chapter20: Economic Growth

Section: Chapter Questions

Problem 35P: Say that the average worker in the U.S. economy is eight times as productive as an average worker in...

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Question

The accumulated knowledge, skills, and expertise of the average worker
in an economy is known as
O Education
O Technological Progress
O Human capital
O Physical capital

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