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AP Microeconomics/Unit 5: Factor Markets
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Human Capital and Productive Capacity
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If country A has sufficient infrastructure already in place but lacks human capital, which policy recommendation should primarily focus on improving its productive capacity?

A

Enforcing stricter regulation standards across industries to encourage efficient use of resource management and enhance productivity.

B

Investing in education and vocational training programs improve human capital and overall production ability of the workforce.

C

Implementing aggressive expansionary monetary policies aimed at stimulating private sector investments in infrastructure.

D

Pursuing fiscal stimulus package aimed specifically at infrastructural development projects across the country.

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