Capital investment becomes more profitable for a business firm as the real interest rate decreases.
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Q9: The poorest countries in Africa have some
Q10: As the amount of capital to laborers
Q11: When the economy devotes more of its
Q12: As the level of real interest rates
Q13: The production function shifts upward as the
Q15: Expansion of factories, investment in new computers
Q16: Human capital includes the tools and equipment
Q17: A superior level of technology is an
Q18: According to the convergence hypothesis, as a
Q19: Improvements in the level of technology will
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