Solved

Why Is Physical Capital Accumulation Alone Unlikely to Result in Sustained

Question 119

Multiple Choice

Why is physical capital accumulation alone unlikely to result in sustained growth?


A) Because of the diminishing marginal product of physical capital.
B) Because of the diminishing marginal product of labor.
C) Because of the eventual need to replace existing physical capital.
D) Because high levels of physical capital will tempt other countries to steal that capital.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents