Author Question: After WWI, what was the difference between the British and the French in terms of currency values? ... (Read 27 times)

LaDunn

  • Hero Member
  • *****
  • Posts: 526
After WWI, what was the difference between the British and the French in terms of currency values?
 
  A) The French devalued the franc from prewar levels; the British did not.
  B) The British devalued the pound from prewar levels; the French did not.
  C) The French depreciated the franc from prewar levels; the British did not.
  D) The British depreciated the pound from prewar levels; the French did not.

Question 2

How can an increase in human capital lead to an increase in GDP? Why might it not lead to an increase in GDP?
 
  What will be an ideal response?



tennis14576

  • Sr. Member
  • ****
  • Posts: 334
Answer to Question 1

A

Answer to Question 2

Labor is more productive as human capital increases. Population growth can be expected to eventually fall as human capital increases. It might not lead to an increase in GDP if there is not sufficient job growth, or increased education is not directed at productive activities.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question


 

Did you know?

The liver is the only organ that has the ability to regenerate itself after certain types of damage. As much as 25% of the liver can be removed, and it will still regenerate back to its original shape and size. However, the liver cannot regenerate after severe damage caused by alcohol.

Did you know?

The average person is easily confused by the terms pharmaceutics and pharmacology, thinking they are one and the same. Whereas pharmaceutics is the science of preparing and dispensing drugs (otherwise known as the science of pharmacy), pharmacology is the study of medications.

Did you know?

There are 60,000 miles of blood vessels in every adult human.

Did you know?

Asthma-like symptoms were first recorded about 3,500 years ago in Egypt. The first manuscript specifically written about asthma was in the year 1190, describing a condition characterized by sudden breathlessness. The treatments listed in this manuscript include chicken soup, herbs, and sexual abstinence.

Did you know?

The Centers for Disease Control and Prevention has released reports detailing the deaths of infants (younger than 1 year of age) who died after being given cold and cough medications. This underscores the importance of educating parents that children younger than 2 years of age should never be given over-the-counter cold and cough medications without consulting their physicians.

For a complete list of videos, visit our video library