Author Question: After WWI, what was the difference between the British and the French in terms of currency values? ... (Read 96 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?

Many medications that are used to treat infertility are injected subcutaneously. This is easy to do using the anterior abdomen as the site of injection but avoiding the area directly around the belly button.

Did you know?

More than one-third of adult Americans are obese. Diseases that kill the largest number of people annually, such as heart disease, cancer, diabetes, stroke, and hypertension, can be attributed to diet.

Did you know?

Ether was used widely for surgeries but became less popular because of its flammability and its tendency to cause vomiting. In England, it was quickly replaced by chloroform, but this agent caused many deaths and lost popularity.

Did you know?

The B-complex vitamins and vitamin C are not stored in the body and must be replaced each day.

Did you know?

Chronic marijuana use can damage the white blood cells and reduce the immune system's ability to respond to disease by as much as 40%. Without a strong immune system, the body is vulnerable to all kinds of degenerative and infectious diseases.

For a complete list of videos, visit our video library