When you accumulate cash in your piggy bank, you are using money as a a. store of value. When the overall level of prices in the economy is increasing, we say that the economy is experiencing a. economic growth. Productivity is a measure of a. the amount of goods and services produced from each worker in a given year. Explaining the large variation in living standards around the world is very easy. Physical capital is a. the knowledge and skills that workers acquire while using machinery and tools.
Government policies can promote economic growth in many ways.
All of the above were mentioned 9. In the countries of South Asia in 1992, only 56 young women were enrolled in secondary school for every 100 young men. All of the above are correct. When setting up a business, you might need to purchase a building, factory, machines, computer, filing cabinets, and furniture. None of the above is correct.