Changes in the capital stock occur ________,and changes in the amount of labor that firms employ occur ________.
A)quickly; quickly
B)slowly; slowly
C)slowly; quickly
D)quickly; slowly

Question

Quizplus · Accepted Answer

Changes in the capital stock can involve significant investments in physical assets like machinery, which can be costly and take time to implement. On the other hand, changes in the amount of labor that firms employ can occur more quickly, as firms can hire or lay off workers relatively easily.

Changes in the Capital Stock Occur ________,And Changes in the Amount