If the economy experiences an increase in the amount of capital stock per worker, then we say that the economy is experiencing:

Question

Quizplus · Accepted Answer

When an economy experiences an increase in the amount of capital stock per worker, it is referred to as capital deepening. This means that the economy is investing more resources in capital goods, such as machinery and equipment, which allows workers to be more productive and produce more output per unit of time. This increase in productivity can lead to economic growth and an increase in living standards.

If the Economy Experiences an Increase in the Amount of Capital