Macro Economics
Compare the dynamics of economic activity in a Short Run and Long Run
Compare and contrast Physical Capital and Human Capital.
8.2 Action Required:
Read the article by using the following link: http://www.newyorkfed.org/research/epr/01v07n1/0103stir.pdf
8.3 Test your Knowledge (Question):
Explain Productivity and Human Capital and Physical Capital
8.4 Instructions
Answer the given question in your own word and it should be less than 100 words.
Compare the dynamics of economic activity in a Short Run and Long Run. Explain Productivity and Human Capital and Physical Capital.
