Investing in capital goods can increase productivity and / or workforce. These can affect the Gross Domestic Product if quality or number of products increase consequently.
The more you invest in human capital the higher your GDP goes.
it increases it (gdp)
they both have the same influential factors
how do capital and human capital increase the gdp wealth and income of nations
the GDP would be overstated
The more you invest in human capital the higher your GDP goes.
it increases it (gdp)
they both have the same influential factors
it is that the human capital is one thing and the gdp is another thing.
what is GDP
It probably would affect GDP because people getting social security would have more money to spend so they would be able to buy more goods and services. Have a look at GDP in Wikipedia for more information.
how do capital and human capital increase the gdp wealth and income of nations
How does human capital influence a country's GDP positively
the GDP would be overstated
Changes in GDP ,price of domestic goods, exchange rates and direction and size of capital flows
How does human capital influence a country's GDP positively
Their GDP is $5.428 billion. GDP stands for Gross Domestic Product. GDP is the measure of an economy (adopted by the United States in 1991); the total market values of goods and services produced by workers and capital within a nation's borders during a given period.