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Correct Answer: D) Depreciation.
Correct Answer: C) Maximum attainable.
Correct Answer: A) Yes, I understand this from the notes.
Correct Answer: B) Increases in labour productivity growth.
Correct Answer: B) True.
Correct Answer: C) Borrowing money to purchase stocks.
Correct Answer: D) Entrepreneur.
Correct Answer: A) It leads to inflation.
Correct Answer: A) Well paid jobs in Cambridge require highly skilled professionals and therefore people with fewer qualifications have to manage high house prices without high salaries.
Correct Answer: A) False.
Correct Answer: D) 3 branches.
Correct Answer: A) Savings.
Correct Answer: C) Land reform.
Correct Answer: D) D. Japan.
Correct Answer: A) Homestead Act.
Correct Answer: B) Education enhances human capital by developing knowledge, skills, and abilities that increase productivity and economic value.
Correct Answer: D) It encourages specialization and usually means more profit.
Correct Answer: A) Unequal distribution of wealth and income, lack of access to education and healthcare.
Correct Answer: D) Capital and land, entrepreneurship.
Correct Answer: D) To leverage borrowed money for potential higher returns.
Correct Answer: A) Capital Goods.
Correct Answer: A) Invest more money in technology.
Correct Answer: B) Increase in investment.
Correct Answer: C) Subsides to businesses for purchases of capital goods.
Correct Answer: C) 2%.